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Bob purchased a 1 0 5 0 par value callable bond with coupons at 6 % payable semiannually for 9 5 2 immediately after a
Bob purchased a par value callable bond with coupons at payable semiannually for immediately after a coupon payment and held the bond to call. The bond was called for prior to maturity, yielding Bob a nominal yield rate convertible semiannually of Calculate the number of years Bob held the bond.
Round your answer to an integer.
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