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2. The Great Lakes Co. has 12 percent coupon bonds making annual payments with a YTM of 9 percent. The current yield on these bonds
2. The Great Lakes Co. has 12 percent coupon bonds making annual payments with a YTM of 9 percent. The current yield on these bonds is 9.8 percent. How many years do these bonds have until they mature?
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The Social Profit Handbook
Authors: David Grant
1st Edition
1603586040, 978-1603586047
