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please solve Sure Tea Co. has issued 5% annual coupon bonds that are now selling at a yield to maturity of 8.00% and current yield
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Sure Tea Co. has issued 5% annual coupon bonds that are now selling at a yield to maturity of 8.00% and current yield of 5.4123%. What is the remaining maturity of these bonds? (Do not round intermediate calculations. Round your answer to the nearest whole number.) Time to maturity yearsStep by Step Solution
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