Question: Problem 8 - 2 4 Finding the Bond Maturity Milton Corporation has 7 percent coupon bonds making annual payments with a YTM of 6 .

Problem 8-24 Finding the Bond Maturity
Milton Corporation has 7 percent coupon bonds making annual payments with a YTM of 6.3 percent. The current yield on these bonds is 6.65 percent. How many years do these bonds have left uniti they mature? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
\table[[Maturity of bond]]
Problem 8 - 2 4 Finding the Bond Maturity Milton

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