The zero coupon bonds of Mark Enterprises have a market price of $394.47, a face value of
Fantastic news! We've Found the answer you've been seeking!
Question:
The zero coupon bonds of Mark Enterprises have a market price of $394.47, a face value of $1,000, and a yield to maturity of 6.87 percent based on semiannual compounding. How many years is it until this bond matures?
Posted Date: