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11 Time Corporation offers a 5.0 percent (coupon rate) bond with a current market price of $900. The yield to maturity is 6.5 percent. The
11 Time Corporation offers a 5.0 percent (coupon rate) bond with a current market price of $900. The yield to maturity is 6.5 percent. The face value is $1,000. Interest is paid semiannually. How many years until this bond matures? 18.27 years O 15.23 years 16.38 years 17.76 years
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International Finance Transactions Policy And Regulation
Authors: Hal Scott, Anna Gelpern
20th Edition
1609303164, 978-1609303167
