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Redesigned Computers has 6 percent coupon bonds outstanding with a current market price of $888.96. The yield to maturity is 7.34 percent and the face
Redesigned Computers has 6 percent coupon bonds outstanding with a current market price of $888.96. The yield to maturity is 7.34 percent and the face value is $1,000. Interest is paid semiannually. How many years until this bond matures?
I got 15 years
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