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Microsoft bonds are trading at $1073.2. They have a 7 percent, coupon rate. The bond has a par value of $1,000 and a yield to

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Microsoft bonds are trading at $1073.2. They have a 7 percent, coupon rate. The bond has a par value of $1,000 and a yield to maturity of 6.5 percent. How many years is it until this bond matures? 24.04 years 12.02 years 6.00 years 48.09 years None of the above

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