Question: could you use basic formula, discount formula, and premium formula? at least mathematical calculating not excel Question 8 A 6% bond maturing in 8 years

could you use basic formula, discount formula, and premium formula? at leastcould you use basic formula, discount formula, and premium formula? at least mathematical calculating not excel

Question 8 A 6% bond maturing in 8 years with semiannual coupons to yield 5% convertible semiannually is to be replaced by a 5.5% bond yielding the same return. In how many years should the new bond mature? (Both bonds have the same price, yield rate and face amount)

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