Question
Shinoda Corp. has 8.22 percent coupon bonds making annual payments with a YTM of 6.56 percent. The current yield on these bonds is 7.15 percent.
Shinoda Corp. has 8.22 percent coupon bonds making annual payments with a YTM of 6.56 percent. The current yield on these bonds is 7.15 percent. How many years do these bonds have left until they mature? Round two places.
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Personal Finance Version 3.1
Authors: Rachel S. Siegel
3rd Edition
1453334807, 978-1453334805
