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We have a debt of $10 million in 15 years. If we want to ascertain that we have enough to meet this debt in 15 years, wh

Posted: Sun Apr 17, 2022 6:27 pm
by answerhappygod
We have a debt of $10 million in 15 years. If we want to
ascertain that we have enough to meet this debt in 15 years, what
year to maturity bonds should we invest in, if they pay 9%
annually, and they have an ytm of 4%?