A bond issued by IBM on December 1, 1996 is scheduled to mature on December 1, 2096.

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A bond issued by IBM on December 1, 1996 is scheduled to mature on December 1, 2096. If today is December 2, 2015, what is this bond's time to maturity?

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Financial Reporting And Analysis

ISBN: 9781260247848

8th Edition

Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer

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Question Posted: Aug 18, 2017 01:43 PM

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A bond issued by IBM on December 1, 1996 is scheduled to mature on December 1, 2096.

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Financial Reporting And Analysis

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