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KT Industries has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,030. The bond has a par value of $1,000
KT Industries has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,030. The bond has a par value of $1,000 and a yield to maturity of 6 percent. How many years are left until this bond matures? 3.36 years 6.71 years 3.45 years 1.70 years 3.54 years The bonds issued by News Today bear an 12 percent coupon, payable semiannually. The bonds mature in 15 years and have a $1,000 face value. Currently, the bonds sell for $800. What is the yield to maturity? 15.46 percent o 7.73 percent 16.50 percent 20.5 percent 10.39 percent
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