Lkd co has 12 percent coupon bonds with a ytm of 85 percent


LKD Co. has 12 percent coupon bonds with a YTM of 8.5 percent. The current yield on these bonds is 9.4 percent. How many years do these bonds have left until they mature?

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Financial Management: Lkd co has 12 percent coupon bonds with a ytm of 85 percent
Reference No:- TGS01246653

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