Question
Sunny Skies Inc. has a bond with a face value of $1,000 and a 3.82% annual coupon. This bond has a current market price of
Sunny Skies Inc. has a bond with a face value of $1,000 and a 3.82% annual coupon. This bond has a current market price of $1,031.13 and a yield to maturity of 2.83%. In how many years will this bond mature?
3.3
2.7
2.2
1.2
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
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