question archive The Lo Sun Corporation offers a bond with a current market price of $1,029
The Lo Sun Corporation offers a bond with a current market price of $1,029
Subject:FinancePrice:2.87 Bought7
The Lo Sun Corporation offers a bond with a current market price of $1,029.75, a coupon rate of 8 percent, and a yield to maturity of 7.52 percent. The face value is $1,000. Interest is paid semiannually. How many years is it until this bond matures?
