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Problem 10-18 Yield to maturity-calculator or Excel required [LO10-3] Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which of course

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Problem 10-18 Yield to maturity-calculator or Excel required [LO10-3] Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which of course is also the amount of principal be paid at maturity. The bonds are currently selling for $780. They have 10 years remaining to matunity. The annual interest payme 9 percent (590) Compute the yield to maturity. (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Arsswer is complete but not entirely correct

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