The LoSun corp offers a bond with a current market price of $1029.75, a coupon rate of
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Question:
The LoSun corp offers a bond with a current market price of $1029.75, a coupon rate of 8%, and a yield to maturity of 7.52 percent. The face value is $1000. Interest is paid semiannually. How many years is it until this bond matures?
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