Business, 23.07.2021 03:30, arcanos616p53hw1

Global Communications has an 8 percent, semiannual coupon bond outstanding with a current market price of $1,021.26. The bond has a par value of $1,000 and a yield to maturity of 6.74 percent. How many years is it until this bond matures? a) 3.53
b) 1.82
c) 3.34
d) 1.71

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Global Communications has an 8 percent, semiannual coupon bond outstanding with a current market pri...