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Woolworth has 9 per cent coupon bonds making annual payments with a YTM of 6.69 per cent. The bond has a par value of $1000
Woolworth has 9 per cent coupon bonds making annual payments with a YTM of 6.69 per cent. The bond has a par value of $1000 and the current yield on these bonds is 7.52 per cent. How many years do these bonds have left until they mature?
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