Question: I need to solve it Without using Excel Question 12 The Lo Sun Corporation offers a bond with a current market price of $1,029.75, a
I need to solve it Without using Excel Question 12 The Lo Sun Corporation offers a bond with a current market price of $1,029.75, a coupon rate of 8 percent, and a yield to maturity of 7.52 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures? ANSWER 8.0 years 8.5 years 17 years 9.0 years None of the above
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