Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
Ventures Unlimited has 7% coupon bonds outstanding with a face value of $1,000 and a market price of $926.97. The bonds pay interest semi- annually and have a yield to maturity of 7.87%. How many years will it be until these bonds mature? Ca. 28 years b.7 years Oc. 21 years d. 30 years e. 14 years
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Transcribed Image Text:Ventures Unlimited has 7% coupon bonds outstanding with a face value of $1,000 and a market price of $926.97. The bonds pay interest semi- annually and have a yield to maturity of 7.87%. How many years will it be until these bonds mature? Ca. 28 years b.7 years Oc. 21 years d. 30 years e. 14 years
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