Question: a $1,000 par value bond is issued with an 8 percent coupon rate. In three years the yield to maturity on the bond is 6.75

a $1,000 par value bond is issued with an 8 percent coupon rate. In three years the yield to maturity on the bond is 6.75 percent and the bond is selling for 1068.83. What was the otiginal mataurity of the bond? Assume semi-annual coupon payments.

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