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Redesigned computer has 9 percent coupon bonds outstanding with a current market price of $902. The yield to maturity is 10.34 percent and the face
Redesigned computer has 9 percent coupon bonds outstanding with a current market price of $902. The yield to maturity is 10.34 percent and the face value is$1000. Interest (coupon) is paid semiannually. How many years is it until this bond matures
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
