How many years until the bond matures

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Problem 1: If a pure discount bond has a face value of 1000,00 and 3 years to maturity and you seek a yield to maturity of four percent, how much would you pay for this bond?

Problem 2: If a bond pays 50.00 coupons and has a current yield to maturity of 4%, a face value of 1,000.00 and a selling price of 1052.00, how many years until this bond matures?

Reference no: EM132768944

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