Question
The Lo Sun Corporation offers a 5.1 percent bond with a current market price of $746.50. The yield to maturity is 8.58 percent. The face
The Lo Sun Corporation offers a 5.1 percent bond with a current market price of $746.50. The yield to maturity is 8.58 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
