The zero coupon bonds of Markco,Inc.have a market price of $370.67,a face value of $1,000,and a yield to maturity of 6.84% (annual) .How many years is it until this bond matures?
A) 7 years
B) 10 years
C) 15 years
D) 18 years
E) 20 years
Correct Answer:
Verified
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