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Global communications has a 10.5 percent, semiannual coupon bond outstanding with a current market price of $667.95. The bond has a par value of $1000
Global communications has a 10.5 percent, semiannual coupon bond outstanding with a current market price of $667.95. The bond has a par value of $1000 and a yield to maturity of 17.55 percent. How many years until this bond matures?
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
