Beam Inc. bonds are trading today for a price of $ 1,699.60 . The bond pays annual
Fantastic news! We've Found the answer you've been seeking!
Question:
Beam Inc. bonds are trading today for a price of $1,699.60. The bond pays annual coupons with a coupon rate of 9.5% and the next coupon is due in one year. The bond has a yield to maturity of 3.65%. How many years are there until the bondmatures?
The number of years until the bond matures is __ years.(Round to the nearest wholenumber.)
Posted Date: