The bond has a yield to maturity of 543 how many years are, Financial Management

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The bond has a yield to maturity of 543 how many years are

Beam Inc. bonds are trading today for a price of $960.21 The bond pays annual coupons with a coupon rate of 4.5 % and the next coupon is due in one year. The bond has a yield to maturity of 5.43%. How many years are there until the bond matures? The number of years until the bond matures is __ years. ?(Round to the nearest whole number.)

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Financial Management: The bond has a yield to maturity of 543 how many years are

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Financial Management: The bond has a yield to maturity of 543 how many years are

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