Redesigned Computers has 6.5 percent coupon bonds outstanding with a current market price of $832. The yield to maturity is 16.28 percent and the face value is $1,000. Interest is paid semiannually. How many years is it until these bonds mature? A. 2.10 years B. 4.19 years C. 7.41 years D. 9.16 years E. 18.32 years
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Redesigned Computers has 6.5 percent coupon bonds outstanding with a current market price of $832. T...
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