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Beam Inc. bonds are trading today for a price of $2,019.46. The bond pays annual coupons with a coupon rate of 9.5% and the next
Beam Inc. bonds are trading today for a price of
$2,019.46.
The bond pays annual coupons with a coupon rate of
9.5%
and the next coupon is due in one year. The bond has a yield to maturity of
2.62%.
How many years are there until the bond matures?
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