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A bond issued by Ford on May 1 5 , 1 9 9 7 is scheduled to mature on May 1 5 , 2 0

A bond issued by Ford on May

15, 1997

is scheduled to mature on May

15, 2097 .

If today is November

16, 2003,

what is this bond's time to maturity?

(

Use

365

days a year.

)

Time to maturity

years and

months.

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