The zero coupon bonds of D&L movers have a market price of $319.24 , a face value of 1000, and a yield to maturity of 8.45 percent. How many years is it until these bonds mature?

The zero coupon bonds of D&L movers have a market price of $319.24 , a face value of 1000, and a yield to maturity of 8.45 percent. How many years is it until these bonds mature?



Answer: 13.8


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