A japanese company has a bond outstanding that sells for, Financial Management

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A japanese company has a bond outstanding that sells for

A Japanese company has a bond outstanding that sells for 92.1 par percent of its ¥1,000 par value. The bond has a coupon rate of 9 percent paid par annually and matures in 8 years, the YTM is percent. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16))

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Financial Management: A japanese company has a bond outstanding that sells for

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