Question
Beam Inc. bonds are trading today for a price of $1,277.62. The bond pays annual coupons with a coupon rate of 7% and the next
Beam Inc. bonds are trading today for a price of $1,277.62. The bond pays annual coupons with a coupon rate of 7% and the next coupon is due in one year. The bond has a yield to maturity of 4.99%. How many years are there until the bond matures? The number of years until the bond matures is nothing years.
Can you show this in excel?
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FINA 6201 Financial Theory And Policy Emery Trahan
Authors: Emery Trahan
1st Edition
1609270754
