Bonds are trading today for a price of $1, 222.84. The bond pays annual coupons with a
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Bonds are trading today for a price of $1, 222.84. The bond pays annual coupons with a coupon rate of 6.5?% and the next coupon is due in one year. The bond has a yield to maturity of 4.93?%. How many years are will it be until the bond matures???
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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