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Tech Inc. has an outstanding 5.5% semi-annual coupon bond with a current market price of $978.90. The bond has a par value of $1,000 and
Tech Inc. has an outstanding 5.5% semi-annual coupon bond with a current market price of $978.90. The bond has a par value of $1,000 and a yield to maturity of 5.76%. How many years is it until this bond matures? A. 11.10 years B. 12.27 years C. 22.19 years D. 27.21 years E. 44.38 years 2
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