A japanese company has a bond outstanding that sells for 85


A Japanese company has a bond outstanding that sells for 85 percent of its ¥100,000 par value. The bond has a coupon rate of 4.4 percent paid annually and matures in 15 years. What is the yield to maturity of this bond?

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Financial Management: A japanese company has a bond outstanding that sells for 85
Reference No:- TGS01161632

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