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Please solve and explain in a SIMPLE way, thanks! Sure Tea Co. has issued 9% annual coupon bonds that are now selling at a yield
Please solve and explain in a SIMPLE way, thanks!
Sure Tea Co. has issued 9% annual coupon bonds that are now selling at a yield to maturity of 10% and current yield of 9.8375%. What is the remaining maturity of these bonds? Sure Tea Co. has issued 9% annual coupon bonds that are now selling at a yield to maturity of 10% and current yield of 9.8375%. What is the remaining maturity of these bonds
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