Question: 1 . A zero coupon bond with a face value of $ 1 , 0 0 0 is currently selling for $ 4 9 4

1. A zero coupon bond with a face value of $1,000 is currently selling for $494. The bond has a market yield of 6.8% ESR.
What is the bond's term to maturity in years? (Round up to two decimal places)

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