How many years do these bonds have left until they mature

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Reference no: EM131552345

LKD Co. has 11 percent coupon bonds with a YTM of 8.7 percent. The current yield on these bonds is 9.6 percent. How many years do these bonds have left until they mature? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM131552345

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