LKD Company has 12 percent coupon bonds with a YTM of 8.3 percent. The current yield...
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LKD Company has 12 percent coupon bonds with a YTM of 8.3 percent. The current yield on these bonds is 9.7 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. Years until maturity 3.71 LKD Company has 12 percent coupon bonds with a YTM of 8.3 percent. The current yield on these bonds is 9.7 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. Years until maturity 3.71
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