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Redesigned Computers has 6 percent coupon bonds outstanding with a current market price of $863.85. The yield to maturity is 7.34 percent and the face

Redesigned Computers has 6 percent coupon bonds outstanding with a current market price of $863.85. The yield to maturity is 7.34 percent and the face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?

  • 21 years

  • 20 years

  • 19 years

  • 18 years

  • 27 years

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