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Beam Inc. bonds are trading today for a price of $642.18 The bond pays annual coupons with a coupon rate of 2.5% and the next
Beam Inc. bonds are trading today for a price of
$642.18
The bond pays annual coupons with a coupon rate of
2.5%
and the next coupon is due in one year. The bond has a yield to maturity of
6.46%.
How many years are there until the bond matures?
The number of years until the bond matures is
__years.(Round to the nearest whole number.)
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