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Beam Inc. bonds are trading today for a price of $994.28. The bond pays annual coupons with a coupon rate of 7.5% and the next
Beam Inc. bonds are trading today for a price of
$994.28.
The bond pays annual coupons with a coupon rate of
7.5%
and the next coupon is due in one year. The bond has a yield to maturity of
7.59%.
How many years are there until the bond matures?
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