The lo sun corporation offers a 53 percent bond with a


The Lo Sun Corporation offers a 5.3 percent bond with a current market price of $858.50. The yield to maturity is 6.29 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?

32.40 years
37.02 years
74.05 years
71.79 years
18.51 years

 

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Finance Basics: The lo sun corporation offers a 53 percent bond with a
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