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11. What is the maturity of a 7% annual coupon bond with a quoted price of 105 and a YTM of 6.42%? a. 13 years

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11. What is the maturity of a 7% annual coupon bond with a quoted price of 105 and a YTM of 6.42%? a. 13 years b. 10 years c. 7 years d. 16 years

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