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Baker's Men's Wear has a 5 . 5 % , semiannual coupon bond outstanding with a current market price of $ 9 7 8 .

Baker's Men's Wear has a 5.5%, semiannual coupon bond outstanding with a current market price of $978.90. The bond has a par value of $1,000 and a yield to maturity of 5.76%. How many years is it until this bond matures?
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22.19 years
12.27 years
11.10 years
44.38 years

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