Bond matures-interest is paid semi annually

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Reference no: EM13826103

The Lo Sun Corporation offers a 5.1 percent bond with a current market price of $872.50. The yield to maturity is 6.19 percent. The face value is $1,000. Interest is paid semi annually. How many years is it until this bond matures?

42.24 years

10.56 years

21.12 years

40.97 years

34.22 years

Reference no: EM13826103

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