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Redesigned Computers has 7 percent coupon bonds outstanding with a current market price of $870.68. The yield to maturity is 8.34 percent and the face

Redesigned Computers has 7 percent coupon bonds outstanding with a current market price of $870.68. The yield to maturity is 8.34 percent and the face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?

19 years

20 years

21 years

28 years

22 years

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