Redesigned Computers has 6.5 percent coupon bonds outstanding with a current market price of $548. The yield to maturity is 13.2 percent and the face value is $1,000. Interest is paid annually. How many years is it until these bonds mature?A. 5.73 yearsB. 7.41 yearsC. 6.16 yearsD. 4.19 years
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Redesigned Computers has 6.5 percent coupon bonds outstanding with a current market price of $548. T...
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