The lo sun corporation offers a 60 percent bond with a


The Lo Sun Corporation offers a 6.0 percent bond with a current market price of $788.50. The yield to maturity is 8.40 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?

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Financial Management: The lo sun corporation offers a 60 percent bond with a
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