Question
Colwood Corp. has 8.9% coupon bonds making annual payments with a YTM of 8.1%, current market value of $1,060.10. How many years do these bonds
Colwood Corp. has 8.9% coupon bonds making annual payments with a YTM of 8.1%, current market value of $1,060.10.
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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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
10th edition
978-1337902571, 1337902578, 978-1337911054, 1337911054, 978-0324272055
