Question: Redesigned Computers has 5 . 2 5 percent coupon bonds outstanding with a current market price of $ 5 4 6 . 1 9 .

Redesigned Computers has 5.25 percent coupon bonds outstanding with a current market price of $546.19. The yield to maturity is 16.28 percent and the face value is $1,000. Interest is paid annually. How many years is it until these bonds mature?

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