Question
The Lo Sun Corporation offers a 6.1 percent bond with a current market price of $802.50. The yield to maturity is 8.75 percent. The face
The Lo Sun Corporation offers a 6.1 percent bond with a current market price of $802.50. The yield to maturity is 8.75 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
Possible Answers:
24.66 years 23.63 years 12.33 years 26.31 years 6.16 years
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi
4th Edition
0130402664, 9780130402660
