Question
Redesigned Computers has 6 percent (APR) coupon bonds outstanding with a current market price of $863.85. The yield to maturity is 7.34 percent (APR) and
Redesigned Computers has 6 percent (APR) coupon bonds outstanding with a current market price of $863.85. The yield to maturity is 7.34 percent (APR) and the face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
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The Dark Side Of Valuation
Authors: Aswath Damodaran
2nd Edition
0137126891, 9780137126897
