Question: A $1,000 face value bond has a current market price of $867.32, a coupon rate of 6 percent, a yield to maturity of 7.34 percent,
A $1,000 face value bond has a current market price of $867.32, a coupon rate of 6 percent, a yield to maturity of 7.34 percent, and semiannual interest payments. How many years is it until this bond matures?
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