The 7.49 percent weekly coupon bonds of the Socratic Educational Services Co. are selling for...
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Accounting
The 7.49 percent weekly coupon bonds of the Socratic Educational Services Co. are selling for $973, have a face value of $1,000, and have a yield to maturity of 8.06 percent. Approximately, how many weeks will it be until these bonds mature? Answer Tolerance: \pm 0.55
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