Question
Beam Inc. bonds are trading today for a price of $893.00. The bond pays annual coupons with a coupon rate of 3% and the next
Beam Inc. bonds are trading today for a price of $893.00. The bond pays annual coupons with a coupon rate of 3% and the next coupon is due in one year. The bond has a yield to maturity of 4.15%. How many years are there until the bond matures?(If excel is used please show steps) Finance calculator is fine as well
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Practical Finance For Property Investment
Authors: Craig Furfine
1st Edition
036733304X, 978-0367333041
