The yield to maturity is 734 percent and the face value is


Redesigned Computers has 6 percent coupon bonds outstanding with a current market price of $888.96. The yield to maturity is 7.34 percent and the face value is $1,000. Interest is paid semiannually. How many years until this bond matures?

Solution Preview :

Prepared by a verified Expert
Finance Basics: The yield to maturity is 734 percent and the face value is
Reference No:- TGS02797689

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)