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QUESTION
Redesigned Computers has 9 percent coupon bonds outstanding with a current market price of $909. The yield to maturity is 10.34 percent and the face...
Redesigned Computers has 9 percent coupon bonds outstanding with a current market price of $909.06. The yield to maturity is 10.34 percent and the face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
