Question: Problem 7-25 Finding the Bond Maturity [LO2] Excey Corp. has 10 percent coupon bonds making annual payments with a percent. The current yield on these
Problem 7-25 Finding the Bond Maturity [LO2] Excey Corp. has 10 percent coupon bonds making annual payments with a percent. The current yield on these bonds is 965 percent YTM of 9.3 How many years do these bonds have left until they mature? (Do not round intermediate calculatins and round your answer to 2 decimal places, e.g. 3216.) Maturity of bond years
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