Question
8. (1pt) You have a $1000 par value bond with a current bond price of $900 and a semiannual coupon of $50. If the YTM
8. (1pt) You have a $1000 par value bond with a current bond price of $900 and a semiannual coupon of $50. If the YTM on this bond is 10% (compounded semiannually), how many years are there until maturity? (Warning: trick question. Can you explain why?)
in excel please :)
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Financial Markets And Institutions
Authors: Jeff Madura
5th Edition
0324027443, 9780324027440
