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Moonhigh,Inc

Question 34

Multiple Choice

Moonhigh,Inc.has a 5%,semiannual coupon bond with a current market price of $988.52.The bond has a par value of $1,000 and a yield to maturity of 5.29%.How many years is it until this bond matures?


A) 4.0 years
B) 4.5 years
C) 6.5 years
D) 8.0 years
E) 9.0 years Moonhigh,Inc.has a 5%,semiannual coupon bond with a current market price of $988.52.The bond has a par value of $1,000 and a yield to maturity of 5.29%.How many years is it until this bond matures? A) 4.0 years B) 4.5 years C) 6.5 years D) 8.0 years E) 9.0 years Moonhigh,Inc.has a 5%,semiannual coupon bond with a current market price of $988.52.The bond has a par value of $1,000 and a yield to maturity of 5.29%.How many years is it until this bond matures? A) 4.0 years B) 4.5 years C) 6.5 years D) 8.0 years E) 9.0 years

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