Asked by Lola

A 20-year, $1,000 par value bond has a 9% annual coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 5 years from now
Answered by jim
23
Answered by JEAN JACQUES
TA MÈRE

SOIT

1000/925 X 0.25 / 1000/925^15
There are no AI answers yet. The ability to request AI answers is coming soon!