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The price of a 3 6 year zero - coupon bond is 8 0 % of its face value. A second bond, with the same
The price of a year zerocoupon bond is of its face value. A second bond, with the same price, same face value, and same annual effective yield rate, offers annual coupons with the coupon rate equal to of the annual effective yield rate. Calculate the number of years until maturity for
the second bond.
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