Bond XYZ was issued three years ago at par, and is now trading at a price above
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Question:
Bond XYZ was issued three years ago at par, and is now trading at a price above par. Which of the following components is NOT needed to calculate the yield to maturity of this bond?
a. The original number of years to maturity
b. The par value
c. The current price
d. The time remaining to maturity
e. The coupon payment
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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