Question
Shinoda Corp. has 8.64 percent coupon bonds making annual payments with a YTM of 6.13 percent. The current yield on these bonds is 7.51 percent.
Shinoda Corp. has 8.64 percent coupon bonds making annual payments with a YTM of 6.13 percent. The current yield on these bonds is 7.51 percent. How many years do these bonds have left until they mature?
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Fundamentals Of Corporate Finance
Authors: Berk, Peter DeMarzo, Jarrad Harford
3rd Global Edition
1292018402, 9781292018409
