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You are considering buying a 6.5% coupon bond. The bond has a par value of $1,000. The bond was issued in October 2020 with
You are considering buying a 6.5% coupon bond. The bond has a par value of $1,000. The bond was issued in October 2020 with a 20-year term to maturity. The bond makes semiannual coupon payments. The current selling price is $1,432. How many years does the bond have until it matures? O 15 years O 16 years O 17 years O 18 years
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Fundamentals of Corporate Finance
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
12th edition
007353062X, 73530628, 1260153592, 1260153590, 978-1260153590
