Question: Please derive answer using excel formula calculations The zero coupon bonds of JK Industries have a market price of $318.46, a face value of $1,000,

Please derive answer using excel formula calculations

The zero coupon bonds of JK Industries have a market price of $318.46, a face value of $1,000, and a yield to maturity of 6.69 percent. How many years is it until these bonds mature? Assume semiannual compounding

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