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The Timberlake-Jackson Wardrobe Co. has 10.2 percent coupon bonds on the market with eleven years left to maturity. The bonds make annual payments. If the
The Timberlake-Jackson Wardrobe Co. has 10.2 percent coupon bonds on the market with eleven years left to maturity. The bonds make annual payments. If the bond currently sells for $1,165.00, what is its YTM?
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
