The bond pays interest semi-annually how many years is it


A 9.00 percent annual coupon bond has a face value of $1,000, a market price of $1, 089.37, and a yield-to-maturity of 8.00 percent. The bond pays interest semi-annually. How many years is it until the bond matures?

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Financial Management: The bond pays interest semi-annually how many years is it
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