Question
Bond XYZ was issued three years ago at par, and is now trading at a price above par. Which of the following components is NOT
Bond XYZ was issued three years ago at par, and is now trading at a price above par. Which of the following components is NOT needed to calculate the yield to maturity of this bond?
a. The original number of years to maturity
b. The par value
c. The current price
d. The time remaining to maturity
e. The coupon payment
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