Question
Redesigned Computers has 6 percent coupon bonds outstanding with a current market price of $848. The yield to maturity is 7.67 percent and the face
Redesigned Computers has 6 percent coupon bonds outstanding with a current market price of $848. The yield to maturity is 7.67 percent and the face value is $1,000. Interest is paid annually. How many years is it until these bonds mature?
| 16.21 years | ||
| 14.19 years | ||
| 17.41 years | ||
| 17.84 years | ||
| 18.32 years
|
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The Lifestyle Investor
Authors: Justin Donald, Ryan Levesque, Mike Koenigs
1st Edition
1636800130, 978-1636800134
