Question
The Lo Sun Corporation offers a 5.7 percent bond with a current market price of $830.50. The yield to maturity is 8.15 percent. The face
The Lo Sun Corporation offers a 5.7 percent bond with a current market price of $830.50. The yield to maturity is 8.15 percent. The face value is $1,000. Interest is paid semiannually. How many years until this bond matures?
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20.77 years
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10.39 years
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5.19 years
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29.14 years
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19.96 years
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
