Regatta inc has bonds outstanding that pay an 8250 percent, Ask an Expert

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Regatta, Inc., has bonds outstanding that pay an 8.250 percent coupon rate on a $1,000 face value. Investors buying the bond today can expect to earn a yield to maturity of 6.875 percent. How many years until the bonds mature if the current value of the bonds is $1,056.57 and payments are made annually?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92073450

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