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... 1 Unanswered Compute the time to maturity (number of periods) for the bond pictured below. (Hint: calculate N on your fin
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Answer #1

To find the number of periods, we need to put the following values in the financial calculator:

I/Y = 2.654%;

PV = -99.26;

PMT = 1.6%*100 = 1.6;

FV = 100;

Press CPT, then N, which gives us 0.7181

So, Number of periods for maturity = 0.7181 years

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