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. 1f 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. 1f today is December 2. 2016, what is this bond's time to maturity? (Use 365 days a year.)
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