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Redesigned Computers has 5.25 percent coupon bonds outstanding with a current market price of $562.13. The yield to maturity is 16.28 percent and the face

Redesigned Computers has 5.25 percent coupon bonds outstanding with a current market price of $562.13. The yield to maturity is 16.28 percent and the face value is $1,000. Interest is paid semiannually. How many years is it until these bonds mature?

A.

7.08 years

B.

28.32 years

C.

12.41 years

D.

6.64 years

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