What is the time to maturity of a 6.0% coupon bond if its YTM is 9.0%?...

Question

Question

What is the time to maturity of a 6.0% coupon bond if its YTM is 9.0%? The bond's price is $766.42 and coupons are paid annually.

business finance

Answer 1

Answer #1

1000*0.06 Pmt Rate 60 0.09 (766.42) 1,000.00 Pmt Nper Pv $ $ payment Number of years Presnt value Future value Return per yea

Answer 2

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