How many years is it until this bond matures

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Reference no: EM131870000

The Lo Sun Corporation offers a 6 percent bond with a current market price of $888.96. The yield to maturity is 7.34 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?

Why is the 888.96 turn out to be negative?

Reference no: EM131870000

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