Answered

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A bond issued by ford on may 15, 1997 is scheduled to mature on may 15, 2097. if today is november 16, 2020, what is this bond's time to maturity?

Sagot :

The bond's time to maturity for the Ford bond based on the present date and the maturity date is 77 years 6 months.

What is the time to maturity?

The time to maturity for a bond is the length of time that a bondholder would receive interest payments on the bonds held. It is the difference between the present date and the matuity date of the bond.

Time to maturity = May 15 2097 - November 16, 2020 = 77 years 6 months

To learn more about bonds, please check: https://brainly.com/question/13326746

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