Time to Maturity A bond issued by Ford on May 15, 1997 is scheduled to mature on May 15, 2097. If today is November 16, 2008, what is this bond’s time to maturity?

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1.66K viewsOctober 22, 2016

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Darshita 6.14K October 22, 2016 0 Comments

Time to Maturity A bond issued by Ford on May 15, 1997 is scheduled to mature on May 15, 2097. If today is November 16, 2008, what is this bond’s time to maturity?

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score 0 · Answer 1 · 2016-10-22T11:15:50+00:00

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Darshita 6.14K Posted October 22, 2016 0 Comments

May 15, 2097 minus November 16, 2008 = 88 years and 6 months

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