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Time to maturity a bond issued by a corporation on september 1,1989 is scheduled to mature on september 1 ,2053. If today is september 2,2009,
Time to maturity a bond issued by a corporation on september 1,1989 is scheduled to mature on september 1 ,2053. If today is september 2,2009, what is yhis bonds time to maturity?
A. 20 yrs
B. 53 yrs
C. 64 yrs
D. 44yrs
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