2. 23. Finding the bond maturity [LO 7.2] Clybucca company has 8 per cent coupon bonds making...

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2. 23.

Finding the bond maturity [LO 7.2] Clybucca company has 8 per cent coupon bonds making annual payments with a YTM of 7.2 per cent. The current yield on these bonds is 7.55 per cent. How many years do these bonds have left until they mature?

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