Question
Colwood Corp. has 8.6% coupon bonds making annual payments with a YTM of 7.8%, current market value of $1,061.50. How many years do these bonds
Colwood Corp. has 8.6% coupon bonds making annual payments with a YTM of 7.8%, current market value of $1,061.50.
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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CFP Board Financial Planning Competency Handbook
Authors: CFP Board
2nd Edition
1119094968, 978-1119094968
