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What is the yield-to-maturity of a Patriot Theaters bond with a coupon rate of 12.19%, par value of $1000,23 years until maturity, and a price
What is the yield-to-maturity of a Patriot Theaters bond with a coupon rate of 12.19%, par value of $1000,23 years until maturity, and a price of $1234.68 if coupons are paid semi-annually with the next one due in 6 months?(Round the value to 100 th decimal and Please enter the value onlv without converting it to a decimal format. If the answer is 8.55%, enter 8.55)
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