How many years do these bonds have left until they mature

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Reference no: EM131553283

LKD Co. has 12 percent coupon bonds with a YTM of 8.8 percent. The current yield on these bonds is 9.7 percent. How many years do these bonds have left until they mature? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Bonds mature _______ years.

Reference no: EM131553283

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