Question: A bond with a $100 par value and semi-annual compounding was originally issued with a 6% coupon and ten years to maturity. If it is
A bond with a $100 par value and semi-annual compounding was originally issued with a 6% coupon and ten years to maturity. If it is currently trading for $97.22 and has an 8% APR YTM what is the time left to maturity?
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