Ramchandra Corp. has issued a bond that is currently trading at a $ value of 1200 and with the following features; yearly coupon payments with a coupon rate of 4 percent, a face value of $1,000, YTM of 2.1%, and a current yield of 3.33%. Calculate the number of years to maturity.

1. 14 years
2. 12 years
3. 16 years
4. 13 years

Answer rating: 100% (QA)

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