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A 6% coupon bond is priced at $1,150. The Coupons are paid semiannually. The bond has a $1,000 face value and aldo a yield to
A 6% coupon bond is priced at $1,150. The Coupons are paid semiannually. The bond has a $1,000 face value and aldo a yield to maturity of 4.2%. How many years will it be until the bond fully matures?
10.36 yrs
16.85 yrs
20.73 yrs
14.31 years
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