Question: no excel pls A 1,000 par value bond with coupons of 9% payable semiannually was called for 1,100 prior to maturity. The bond was bought
no excel pls
A 1,000 par value bond with coupons of 9% payable semiannually was called for 1,100 prior to maturity. The bond was bought for 918 immediately after a coupon payment and was held to call. The nominal yield rate convertible semiannually was 10%. Calculate the number of years the bond was held
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