Question: Problem 7-4 Time to Maturity (LG7-1) A bond issued by IBM on December 1, 1996, is scheduled to mature on December 1, 2096 If today
Problem 7-4 Time to Maturity (LG7-1) A bond issued by IBM on December 1, 1996, is scheduled to mature on December 1, 2096 If today is December 2, 2014, what is this bond's time to maturity? (Use 365 days a year.) Time to maturity 73 years
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