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Sure Tea Co. has issued 9% annual coupon bonds which are now selling at a yield to maturity of 10 percent and current yield of 9.8375%. What is the

Sure Tea Co. has issued 9% annual coupon bonds which are now selling at a yield to maturity of 10 percent and current yield of 9.8375%. What is the remaining maturity of these bonds?
Use the NPER function to calculate the number of years till maturity.
Face value of bond $1,000
Annual coupon rate 9%
Current yield 9.8375%
Yield to maturity 10%
Current price per bond FORMULA
Years till maturity FORMULA

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