Question: Please show full work and do not use Excel or FInancial Calculator ( The Lo Sun Corporation offers a 6 % bond with a current

Please show full work and do not use Excel or FInancial Calculator
(The Lo Sun Corporation offers a 6% bond with a current market price of $875.05. The yield to maturity is 7.34%. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
A.16 years
B.18 years
C.24 years
D.30 years
E.32 years

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