DT Company bonds are priced at $932.17,have a par value of $1,000,a yield to maturity of 6.18 percent,and a coupon rate of 6.35 percent.How many years is it until this bond matures if interest is paid semiannually?
A) 18.04 years
B) 20.42 years
C) 28.00 years
D) 40.84 years
E) 36.08 years
Correct Answer:
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