Question: please explain High Noon Sun, Inc. has a 5 percent, semiannual coupon bond with a current market price of exist988.52. The bond has a par

please explain High Noon Sun, Inc. has a 5 percent, semiannual

please explain

High Noon Sun, Inc. has a 5 percent, semiannual coupon bond with a current market price of exist988.52. The bond has a par value of exist1,000 and a yield to maturity of 5.29 percent. How many years is it until this bond matures? A. 4-0 years B. 4-5 years C. 6.5 years D. 9-0 years

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