Question 3
Susan Company has 9 percent coupon bond making annual payments with a required rate of 10%. The current price of this bond is $ 962.09. how many years do these bonds have left until they mature?
Question 4
Nancy Company has 9 percent coupon bond making semi-annual payments with a required rate of 10%. The current price of this bond is $1053.29. how many years do these bonds have left until they mature?