The yield to maturity is 924 apr and the face value of the


Computers Redone has 7.47% coupon bonds outstanding with a current market price of $822.39. The yield to maturity is 9.24% APR and the face value of the bond is $1,000. Interest is paid semiannually. How many years is it until the bond matures?

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Finance Basics: The yield to maturity is 924 apr and the face value of the
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