Question: Sun Spot Inc. has a bond with a face value of $1,000 and a current market price of $951.61. This bond has a yield to

Sun Spot Inc. has a bond with a face value of

Sun Spot Inc. has a bond with a face value of $1,000 and a current market price of $951.61. This bond has a yield to maturity of 2.38% and a 3.28% annual coupon. In how many years will this bond mature? 5.1 5.3 6.2 7.1 (E) Cannot be solved

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