Question
Shinoda Corp. has 8.73 percent coupon bonds making annual payments with a YTM of 6.58 percent. The current yield on these bonds is 7.6 percent.
Shinoda Corp. has 8.73 percent coupon bonds making annual payments with a YTM of 6.58 percent. The current yield on these bonds is 7.6 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
