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A bond has a face value of $1,000, an 9.9 percent, semi-annual coupon, and a market price of $1,106.20. How many years will it be

A bond has a face value of $1,000, an 9.9 percent, semi-annual coupon, and a market price of $1,106.20. How many years will it be until this bond matures if the yield-tomaturity is 8.8 percent? Multiple Choice 20 years 22 years 26 years 44 years

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