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Fluss AB has 8.5 per cent coupon bonds making annual payments with a YTM of 7.1 per cent. The current yield on these bonds is
Fluss AB has 8.5 per cent coupon bonds making annual payments with a YTM of 7.1 per cent. The current yield on these bonds is 7.55 per cent. The par value of the bond is 1,000.
How many years do these bonds have left until they mature?
Please provide all the steps instead of an excel sheet, I want to learn this properly ;)
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