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Sure Tea Company has issued 4.4% annual coupon bonds that are now selling at a yield to maturity of 7.00%. If the bond price is
Sure Tea Company has issued 4.4% annual coupon bonds that are now selling at a yield to maturity of 7.00%. If the bond price is $755.42, what is the remaining maturity of these bonds? Note: Do not round intermediate calculations. Round your answer to the nearest whole number. Time to maturity years
Sure Tea Company has issued 4.4% annual coupon bonds that are now selling at a yleld to maturity of 7.00%. If the bond price is $755.42, what is the remaining maturity of these bonds? Note: Do not round intermediate calculations. Round your answer to the nearest whole number Step by Step Solution
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