Lkd co has 11 percent coupon bonds with a ytm of 87 percent, Ask an Expert

Finance

LKD Co. has 11 percent coupon bonds with a YTM of 8.7 percent. The current yield on these bonds is 10.3 percent. How many years do these bonds have left until they mature? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
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