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Jeff Bezos' company, Blue Origin, wants to issue zero coupon bonds to raise funds to build a new rocket manufacturing plant. You decide a 10%
Jeff Bezos' company, Blue Origin, wants to issue zero coupon bonds to raise funds to build a new rocket manufacturing plant. You decide a 10% yield to maturity, compounded quarterly, is the appropriate return for this investment. You determine these bonds should be priced at $500.88. Given these parameters, what is the number of years to maturity of these Blue Origin bonds? Enter your answer with as a whole number.
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