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How many years are there until the bond matures

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Reference no: EM132801782

Question - Beam Inc. bonds are trading today for a price of $1,446.90. The bond pays annual coupons with a coupon rate of 9% and the next coupon is due in one year. The bond has a yield to maturity of 4.41%. How many years are there until the bond matures?

Reference no: EM132801782

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