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14. Boo Radley Corp. has 9 percent coupon bonds making annual payments with a YTM of 7.81 percent. The current yield on these bonds is

14. Boo Radley Corp. has 9 percent coupon bonds making annual payments with a YTM of 7.81 percent. The current yield on these bonds is 8.33 percent. How many years do these bonds have left until they mature (round your final answer to two decimals and pick the closest choice)?

  1. 6 years
  2. 7 years
  3. 8 years
  4. 9 years
  5. 10 years

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