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The Lo Sun Corporation Offers a 6% Bond with a Current

Question 29

Multiple Choice

The Lo Sun Corporation offers a 6% bond with a current market price of $875.05.The yield to maturity is 7.34%.The face value is $1,000.Interest is paid semiannually.How many years is it until this bond matures?


A) 16 years
B) 18 years
C) 24 years
D) 30 years
E) 32 years The Lo Sun Corporation offers a 6% bond with a current market price of $875.05.The yield to maturity is 7.34%.The face value is $1,000.Interest is paid semiannually.How many years is it until this bond matures? A) 16 years B) 18 years C) 24 years D) 30 years E) 32 years The Lo Sun Corporation offers a 6% bond with a current market price of $875.05.The yield to maturity is 7.34%.The face value is $1,000.Interest is paid semiannually.How many years is it until this bond matures? A) 16 years B) 18 years C) 24 years D) 30 years E) 32 years

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