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Sure Tea Company has issued 9% annual coupon bonds that are now selling at a yield to maturity of 10%. If the bond price is
Sure Tea Company has issued 9% annual coupon bonds that are now selling at a yield to maturity of 10%. If the bond price is $923.94, what is the remaining maturity of these bonds?
Note: Do not round intermediate calculations. Round your answer to the nearest whole number. AND SOLVE WITH EXCEL! Thank you!
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