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XYZ Corporation has 15% annual coupon bonds with a yield to maturity (YTM) of 9.00%. The current yield on these bonds is 9.50%. Calculate in
XYZ Corporation has 15% annual coupon bonds with a yield to maturity (YTM) of 9.00%. The current yield on these bonds is 9.50%. Calculate in how many years these bonds will mature? O a. 27.53 years O b. 26.53 years OC 25.53 years d. 24.53 years O e. 23.53 years
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