ABSTRACT We present Infrared Telescope Facility SpeX observations of the M/L binary system 2MASS J17072343À 0558249. SpeX imaging resolves the system into a 1B01 AE 0B17 visual binary in which both components have red near-infrared colors. Resolved low-resolution (R $ 150) 0.8Y2.5 m spectroscopy reveals strong H 2 O, CO, and FeH bands and alkali lines in the spectra of both components, characteristic of late-type M and L dwarfs. A comparison to a sample of late-type field dwarf spectra indicates spectral types M9 and L3. Despite the small proper motion of the system (0B100 AE 0B009 yr À1 ), imaging observations over 2.5 yr provide strong evidence that the two components share common proper motion. Physical association is also likely due to the small spatial volume occupied by the two components ( based on spectrophotometric distance estimates of 15 AE 1 pc) as compared to the relatively low spatial density of low-mass field stars. The projected separation of the system is 15 AE 3 AU, similar to other late-type M and L binaries. Assuming a system age of 0.5Y5 Gyr, we estimate the masses of the binary components to be 0.072Y0.083 and 0.064Y0.077 M , with an orbital period of roughly 150Y300 yr. While this is nominally too long a baseline for astrometric mass measurements, the proximity and relatively wide angular separation of the 2MASS J1707À0558AB pair make it an ideal system for studying the M dwarf /L dwarf transition at a fixed age and metallicity
