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The Lo Sun Corporation offers a bond with a current market price of $1,143.17, a coupon rate of 8 percent, and a yield to maturity

The Lo Sun Corporation offers a bond with a current market price of $1,143.17, a coupon rate of 8 percent, and a yield to maturity of 5.72 percent. The face value is $1,000. Interest is paid annually. How many years is it until this bond matures?

8.5 years

8.0 years

None of these is correct

16 years

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