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10) Redesigned Computers has 5% coupon bonds outstanding with a current market price of $1,100.9; The yield to maturity is 2%, and the face

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10) Redesigned Computers has 5% coupon bonds outstanding with a current market price of $1,100.9; The yield to maturity is 2%, and the face value is $1,000. Interest is paid semiannually. How many years is it until these bonds mature? A3.50 years B) 3.66 years C) 2.41 years D) 4.03 years .05 (1000/2)

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