Question: How many years until maturity is a 7.5% bond making semi annual payments with a YTM of 8%, if its current price is $985.50 ?
How many years until maturity is a 7.5% bond making semi annual payments with a YTM of 8%, if its current price is $985.50 ? 3.37 years 4.85 years 3.60 years 6.73 years
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
