Question
You just purchased a Federal Government bond for $1,180.23. The bond has a coupon rate of 6%, a face value of $1,000, and yields 3.8%.
You just purchased a Federal Government bond for $1,180.23. The bond has a coupon rate of 6%, a face value of $1,000, and yields 3.8%. In how many years will this bond mature?
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Labour Finance And Inequality
Authors: Suzanne J. Konzelmann, Simon Deakin, Marc Fovargue-Davies, Frank Wilkinson
1st Edition
1138919721, 978-1138919723
