Coupon bonds on market with seventeen years left to maturity

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Ackerman Co. has 11 percent coupon bonds on the market with seventeen years left to maturity. The bonds make annual payments. If the bond currently sells for $949, the YTM is percent. (Do not include the pAckerman Co. has 11 percent coupon bonds on the market with seventeen years left to maturity. The bonds make annual payments. If the bond currently sells for $949, the YTM is ____________ percent. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))ercent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))

Reference no: EM131865350

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