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A bond priced at 94.536% of par has a 6% coupon rate (paid semi-annually) and a yield to maturity of 7.61%. How many years are

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A bond priced at 94.536% of par has a 6% coupon rate (paid semi-annually) and a yield to maturity of 7.61%. How many years are left until the bond matures? Hint 1 : with bonds priced as a % of par, treat the face value as $100. Hint 2 , the yield to maturity is always quoted as an annual rate. Multiple Choice 4 years 8 years 16 years 4 years 8 years 16 years 12 years

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