Question: Bob purchased a 1 0 5 0 par value callable bond with coupons at 6 % payable semiannually for 9 5 2 immediately after a

Bob purchased a 1050 par value callable bond with coupons at 6% payable semiannually for 952 immediately after a coupon payment and held the bond to call. The bond was called for 1250 prior to maturity, yielding Bob a nominal yield rate convertible semiannually of 7%. Calculate the number of years Bob held the bond.
Round your answer to an integer.

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