contestada

Global Communications has a 7 percent, semiannual coupon bond outstanding with a current market price of $1,023.46. The bond has a par value of $1,000 and a yield to maturity of 6.72 percent. How many years is it until this bond matures?

Respuesta :

Answer:

Years to Maturity = 12.53

Explanation:

Coupon Rate = 7.00%

Coupon Periods = 2

Perpetuity Value = 1,041.67

Price = 1,023.46

Discounted Perpetuity Value = 455.17

Yield to Maturity = 6.72%

Annuity Value = 586.49

Discounted Face Value = 436.97

Semiannual Coupon = 35.00

Price 1,023.46

Periods to Maturity = 25.05

Semiannual Yield = 3.36%

Years to Maturity = 12.53

Otras preguntas