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Homework answers / question archive / Beam Inc
Beam Inc. bands are trading today for a price of S1,019.47. The bond pays annual coupons with a coupon rate of 6.5% and the next coupon is due in one year. The bond has a yield to maturity of 6.31%. How many years are there until the band matures?
The number of years until the bond matures is ?years. (Round to the nearest whole number.)
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