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(1pt) You have a $1000 par value bond with a current bond price of $900 and a semiannual coupon of $50. If the YTM on

(1pt) You have a $1000 par value bond with a current bond price of $900 and a semiannual

coupon of $50. If the YTM on this bond is 5% (compounded semiannually), how many years

are there until maturity? (Warning: trick question. Can you explain why?)

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