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The Lo Sun Corporation Offers a 6% Bond with a Current

Question 4

Multiple Choice

The Lo Sun Corporation offers a 6% bond with a current market price of $875.05. The yield to maturity is 7.34%. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?


A) 16 years
B) 18 years
C) 24 years
D) 30 years
E) 32 years

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