Question
A 30-year bond has a $1,000 Par Value, as of today has 15 years before maturity, has a Market Rate of 5% and has a
A 30-year bond has a $1,000 Par Value, as of today has 15 years before maturity, has a Market Rate of 5% and has a 6% annual Coupon Rate and sells for $1,103.80. If the Yield-to-maturity (Market rate) remains the same, what will the price of the bond be in 4 years?
$1,166.13
$1,207.59
$1,083.06
$1,307.45
None of these selections are correct
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Passive Income Stacking Handbook How To Reach Financial Freedom Faster Regardless Of Your Age Or Situation
Authors: Mark Walters
1st Edition
0578530171, 978-0578530178
