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QUESTION
Sure Tea Co. has issued 4.2% annual coupon bonds that are now selling at a yield to maturity of 5.6% and current yield of 5.4615%. What is the
Sure Tea Co. has issued 4.2% annual coupon bonds that are now selling at a yield to maturity of 5.6% and current yield of 5.4615%. What is the remaining maturity of these bonds ?
