Question: Looking for formula and answer Finding the Bond Maturity- Shinoda Corp. has 8 percent coupon bonds making annual payments with YTM of 7.2 percent. The
Looking for formula and answer
Finding the Bond Maturity- Shinoda Corp. has 8 percent coupon bonds making annual payments with YTM of 7.2 percent. The current yield on these bonds is 7.55 percent. How many years do these bonds have left until they mature?
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