Home / Questions / Ackerman Co. has 9 percent coupon bonds on the market with eight years left to maturity.
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Ackerman Co. has 9 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments. If the bond currently sells for $1,123.94, what is its YTM? |
a.) 10.08%
b.) 11.15%
c.) 13.15%
d.) 8.07%
e.) 6.93%
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