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A bond with a $100 par value and semi-annual compounding was originally issued with a 4% coupon and ten years to maturity. If it is
A bond with a $100 par value and semi-annual compounding was originally issued with a 4% coupon and ten years to maturity. If it is currently trading for $96.28 and has a 6% APR yield to maturity, the time left to maturity must be closest to years (round to the nearest year)
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