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A semiannual bond with a $1,000 face value has a 9 percent coupon rate of and an 11 percent yield to maturity. If the bond
A semiannual bond with a $1,000 face value has a 9 percent coupon rate of and an 11 percent yield to maturity. If the bond is selling for $892.38, how many years are left to maturity?
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International Finance
Authors: Keith Pilbeam
3rd Edition
1403948372, 978-1403948373
