Bonds have left until they mature

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Reference no: EM132200140

Shinoda Corp. has 10 percent coupon bonds making annual payments with a YTM of 9.5 percent. The current yield on these bonds is 9.85 percent.

How many years do these bonds have left until they mature? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Maturity of bond years

Reference no: EM132200140

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