A corporate bond with semi-annual interest payments has an expected capital gains vield of -0.50% and...
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A corporate bond with semi-annual interest payments has an expected capital gains vield of -0.50% and a current yield of 8%. If the bond has a par value of $1,000 and is currently trading at $1,167, how many years are left to maturity? A corporate bond with semi-annual interest payments has an expected capital gains vield of -0.50% and a current yield of 8%. If the bond has a par value of $1,000 and is currently trading at $1,167, how many years are left to maturity?
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To calculate the number of years left to maturity for the given bond we can use the formula for curr... View the full answer
Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
Posted Date:
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