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The Lo Sun Corporation offers a bond with a current market price of $844.50 and a coupon rate of 5.5%. The yield to maturity is
The Lo Sun Corporation offers a bond with a current market price of $844.50 and a coupon rate of 5.5%. The
yield to maturity is 9 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this
bond matures?
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