Question
A 9.00 percent annual coupon bond has a face value of $1,000, a market price of $ 876.54, and a yield-to-maturity of 10.87 percent. The
A 9.00 percent annual coupon bond has a face value of $1,000, a market price of $ 876.54, and a yield-to-maturity of 10.87 percent. The bond pays interest semi-annually. How many years is it until the bond matures?
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Personal Finance
Authors: E Thomas Garman, Raymond E Forgue
10th Edition
143903902X, 9781439039021
