Question: It does not indicate completion. 1 3 LKD Company has 1 1 percent coupon bonds with a YTM of 8 . 7 percent. The current

It does not indicate completion.
13
LKD Company has 11 percent coupon bonds with a YTM of 8.7 percent. The current yield
on these bonds is 9.6 percent. How many years do these bonds have left until they
mature?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Answer is complete but not entirely correct.
 It does not indicate completion. 13 LKD Company has 11 percent

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