A japanese company has a bond outstanding that sells for 88
A Japanese company has a bond outstanding that sells for 88 percent of its ¥100,000 par value. The bond has a coupon rate of 4.7 percent paid annually and matures in 18 years.
What is the yield to maturity of this bond?
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a japanese company has a bond outstanding that sells for 88 percent of its yen100000 par value the bond has a coupon
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