Question: Problem 7-23 Finding the Bond Maturity (LO2) Colwood Corp. has 9.7% coupon bonds making annual payments with a YTM of 8.9%, current market value of
Problem 7-23 Finding the Bond Maturity (LO2) Colwood Corp. has 9.7% coupon bonds making annual payments with a YTM of 8.9%, current market value of $1,057.50. How many years do these bonds have left until they mature? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Years left to maturity years References Worksheet Problem 7-23 Finding the Bond Maturity (L02) Learning Objective: 07-02 Bond values and yields, and why they fluctuate
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