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Beam Inc. bonds are trading today for a price of $1,267.02. The bond pays annual coupons with a coupon rate of 6% and the next
Beam Inc. bonds are trading today for a price of
$1,267.02.
The bond pays annual coupons with a coupon rate of
6%
and the next coupon is due in one year. The bond has a yield to maturity of
4.03%.
How many years are there until the bondmatures?
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