(Answered) You have just been offered a bond for 86373 the coupon rate

Finance

You have just been offered a bond for $863.73. The coupon rate is 8% payable annually, and interest rates on new issues with the same degree of risk are 10%. You want to know how many more interest payments you will receive, but the party selling the bond cannot remember. If the par value is $1,000, how many interest payments remain?

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