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Rosita purchased a bond for $989 that had a 7% coupon and semiannual interest payments. The bonds yield to maturity (APR) was 9.6% and constant
Rosita purchased a bond for $989 that had a 7% coupon and semiannual interest payments. The bonds yield to maturity (APR) was 9.6% and constant all the time. What is the bonds expected maturity?
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