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Redesigned Computers has 9 percent (APR) coupon bonds outstanding with a current market price of $905.35. The yield to maturity is 10.34 percent (APR) and
Redesigned Computers has 9 percent (APR) coupon bonds outstanding with a current market price of $905.35. The yield to maturity is 10.34 percent (APR) and the face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
21 years
15 years
12 years
14 years
13 years
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