A bond issued by a corporation on May 1, 1999, is scheduled to mature on May 1, 2019. If today is May 2, 2009, what is t

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answerhappygod
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A bond issued by a corporation on May 1, 1999, is scheduled to mature on May 1, 2019. If today is May 2, 2009, what is t

Post by answerhappygod »

A bond issued by a corporation on May 1, 1999, is scheduled to
mature on May 1, 2019. If today is May 2, 2009, what is this bond's
time to maturity? (Assume annual interest payments.)
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