Question
Redesigned Computers has 6 percent coupon bonds outstanding with a current market price of $875.05. The yield to maturity is 7.34 percentand the face value
Redesigned Computers has 6 percent coupon bonds outstanding with a current market price of $875.05. The yield to maturity is 7.34 percentand the face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures? Multiple choice
| 16 years | |
| 18 years | |
| 32 years | |
| 36 years |
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
