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  3. 6. a bond with par value of $1000, coupon rate of

6. A bond with par value of $1000, coupon rate of 10%, is now selling...

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Finance

6. A bond with par value of $1000, coupon rate of 10%, is now selling for $1,079.85, yield to maturity for this bond is 8%. Calculate the maturity of this bond?

Note; I want the answer with traditional formula and steps

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