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The Timberlake Jackson wardrobe co has11.8 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments and have

The Timberlake Jackson wardrobe co has11.8 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments and have a par value of $1,000 if the bonds currently sell for $1124.97 what is the ytm

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