coupon bond=7% ytm=6.4% yield on bonds=6.75%

value: 15.00 points Shinoda Corp. has 7 percent coupon bonds making annual payment current yield on these bonds is 6.75 percent. with a YTM of 6.4 percent. The How many years do these bonds have left until they mature? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Maturity of bond 8 years References eBook & Resources Learning Objective: 07-02 Bond values and yields and why they fluctuate. Worksheet Difficulty: Intermediate Section: 7.1 Bonds and Bond Valuation