Beam Inc. bonds are trading today for a price of $ 1172.04. The bond pays annual coupons
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Beam Inc. bonds are trading today for a price of $ 1172.04. The bond pays annual coupons with a coupon rate of 9.5 % and the next coupon is due in one year. The bond has a yield to maturity of 7.86%. How many years are there until the bondmatures?
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