Question: Bond A and Bond B both have face values of 1000 and make annual coupon payments. Bond A is currently priced at 105.72, has a

Bond A and Bond B both have face values of £1000 and make annual coupon payments. Bond A is currently priced at £105.72, has a time to maturity of 9 years and a yield to maturity of 7.6 percent. Bond B is priced at £96.01 and has a yield to maturity of 9.4 percent. Both Bond A and B make the same coupon payments. What is the time to maturity of Bond B?

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