PQR Co. has semiannual-pay 6.94 percent coupon bonds with a YTM of 5.52 percent. The...
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PQR Co. has semiannual-pay 6.94 percent coupon bonds with a YTM of 5.52 percent. The current yield on these bonds is 5.99 percent. How many years do these bonds have left until they mature? Answer to two decimals, carry intermediate calcs. to four decimals.
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