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Here is another question I need to repost. I came up with 17 years and so did someone else. Both calculation were wrong. What am

image text in transcribedHere is another question I need to repost. I came up with 17 years and so did someone else. Both calculation were wrong. What am I missing. Thanks!

Homework: MT217 M5 Competency Assessment Save Score: 0 of 5 pts 19 of 20 (19 complete) HW Score: 90%, 90 of 100 pts Problem 7.LO4.24 Question Help 0 Beam Inc. bonds are trading today for a price of $889.37. The bond pays annual coupons with a coupon rate of 7.5% and the next coupon is due in one year. The bond has a yield to maturity of 8.64%. How many years are there until the bond matures? The number of years until the bond matures is 17 years. (Round to the nearest whole number.)

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