How many years is it until this bond matures

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Reference no: EM13907342

The Lo Sun Corporation offers a 6.1 percent bond with a current market price of $781.50. The yield to maturity is 8.43 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?

36.33 years

18.93 years

25.62 years

9.47 years

37.86 years

Reference no: EM13907342

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