Question: Answer:25. Please help me to answer this question step by step, thank you. A 1000 par value bond with coupons at 9% payable semiannually was

Answer:25. Please help me to answer this question step by step, thank you.

A 1000 par value bond with coupons at 9% payable semiannually was called for 1100 prior to maturity. The bond was bought for 918 immediately after a coupon payment and was held to call. The nominal yield rate convertible semiannually was 10%. Calculate the number of years the bond was held

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