Question
The Lo Sun Corporation offers a 5.2 percent bond with a current market price of $865.50. The yield to maturity is 6.24 percent. The face
The Lo Sun Corporation offers a 5.2 percent bond with a current market price of $865.50. The yield to maturity is 6.24 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
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Quantitative Trading
Authors: Ernest P. Chan
2nd Edition
1119800064, 978-1119800064
