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Beam Inc. bonds are trading today for a price of $1,041.48. The bond pays annual coupons with a coupon rate of 7% and the next

Beam Inc. bonds are trading today for a price of $1,041.48. The bond pays annual coupons with a coupon rate of 7% and the next coupon is due in one year. The bond has a yield to maturity of 6.38%. How many years are there until the bondmatures?

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Problem 7.LO4.24 Question He'pv Beam Inc. bonds are trading today for a price of$1.lJ-11.48. The bond pays annual ooupons with a coupon rate of 7% and the next coupon is due in one year. The bond has a yield to maturity of 6.38% How many years are there untJT the bond matures? The number of years until the bond matures is years, (Round tn the nearest whole number}

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