Lkd co has 11 percent coupon bonds with a ytm of 87 percent, Financial Management

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Lkd co has 11 percent coupon bonds with a ytm of 87 percent

LKD Co. has 11 percent coupon bonds with a YTM of 8.7 percent. The current yield on these bonds is 10.3 percent. How many years do these bonds have left until they mature? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management: Lkd co has 11 percent coupon bonds with a ytm of 87 percent

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Financial Management: Lkd co has 11 percent coupon bonds with a ytm of 87 percent

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