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Beam Inc. bonds are trading today for a price of $1,527.14. The bond pays annual coupons with a coupon rate of 9% and the next
Beam Inc. bonds are trading today for a price of $1,527.14. The bond pays annual coupons with a coupon rate of 9% and the next coupon is due in one year. The bond has a yield to maturity of 3.23%. How many years are there until the bond matures? The number of years until the bond matures is xxxx years.
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