Solved

DT Company Bonds Are Priced at $932

Question 46

Multiple Choice

DT Company bonds are priced at $932.17,have a par value of $1,000,a yield to maturity of 6.18 percent,and a coupon rate of 6.35 percent.How many years is it until this bond matures if interest is paid semiannually?


A) 18.04 years
B) 20.42 years
C) 28.00 years
D) 40.84 years
E) 36.08 years

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions