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Sure Tea Company has issued 7.4% annual coupon bonds that are now selling at a yield to maturity of 9.20%. If the bond price is
Sure Tea Company has issued 7.4% annual coupon bonds that are now selling at a yield to maturity of 9.20%. If the bond price is $815.53, what is the remaining maturity of these bonds?
Sure Tea Company has issued 7.4% annual coupon bonds that are now selling at a yield to maturity of 9.20%. If the bond price is $815.53, what is the remaining maturity of these bonds?
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
