Question
You have a bond with a current bond price of $900 and a semiannual coupon of $50. If the YTM on this bond is 5%
You have a bond with a current bond price of $900 and a semiannual coupon of $50. If the YTM on this bond is 5% (compounded semiannually), how many years are there until maturity? (Warning: trick question. Can you explain why?)
I need to know the inputs in order to solve this using a financial calculator
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Value Investing
Authors: Mike Hartley
1st Edition
979-8864443309
