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Beam Inc. bonds are trading today for a price of $808.16. The bond pays annual coupons with a coupon rate of 6% and the next

Beam Inc. bonds are trading today for a price of

$808.16.

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

8.12%.

How many years are there until the bondmatures?

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