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Colwood Corp. has 9.7% coupon bonds making annual payments with a YTM of 8.9%, current market value of $1,057.50. How many years do these bonds

Colwood Corp. has 9.7% coupon bonds making annual payments with a YTM of 8.9%, current market value of $1,057.50.

How many years do these bonds have left until they mature? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Years left to maturity years

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