Thatcher corporation's bonds will mature in 12 years. the bonds have a face value of $1,000 and an 11.5% coupon rate, paid semiannually. the price of the bonds is $1,050. the bonds are callable in 5 years at a call price of $1,050. do not round intermediate calculations. round your answers to two decimal places. what is their yield to maturity?

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using: