Question
LKD Co. has 12 percent coupon bonds with a YTM of 8.3 percent. The current yield on these bonds is 9.7 percent. Please help me
LKD Co. has 12 percent coupon bonds with a YTM of 8.3 percent. The current yield on these bonds is 9.7 percent. Please help me figure out how many years do these bonds have left until they mature? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Thank you!
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Authors: Mark Graham
1st Edition
0648678830, 978-0648678830
