Question
Colwood Corp. has 8.2% coupon bonds making annual payments with a YTM of 7.4%, current market value of $1,059.60. How many years do these bonds
Colwood Corp. has 8.2% coupon bonds making annual payments with a YTM of 7.4%, current market value of $1,059.60.
How many years do these bonds have left until they mature? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Years left to maturity years?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
6th International Edition
0071229035, 978-0071229036
