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  3. you have just been offered a bond for $865.80. the

You have just been offered a bond for $865.80. The coupon rate is 6 percent...

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Accounting

You have just been offered a bond for $865.80. The coupon rate is 6 percent payable annually, and the yield to maturity on new issues with the same degree of risk are 8 percent. 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? (Do not round intermediate calculations. Round your answer to the nearest whole number.)

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