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DEF Inc. has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,047.50. The bond has a par value of $1,000

DEF Inc. has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,047.50. The bond has a par value of $1,000 and a yield to maturity of 6 percent. How many years is remaining until this bond matures?

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