The Lo Sun Corporation offers a 5.0 percent bond with a current market price of $879.50. The yield to maturity is 6.14 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?

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The Lo Sun Corporation offers a 5.0 percent bond with a current market price of $879.50. The yield to maturity is 6.14 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?

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