Question
Computers Redone has 7.47% coupon bonds outstanding with a current market price of $822.39. The yield to maturity is 9.24% APR and the face value
Computers Redone has 7.47% coupon bonds outstanding with a current market price of $822.39. The yield to maturity is 9.24% APR and the face value of the bond is $1,000. Interest is paid semiannually. How many years is it until the bond matures?
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
