Estimating the yield to maturity on bond


A Japanese company has a bond outstanding that sells for 94 percent of its ¥100,000 par value. The bond has a coupon rate of 5.30 percent paid annually and matures in 15 years.

What is the yield to maturity on this bond?

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Finance Basics: Estimating the yield to maturity on bond
Reference No:- TGS041651

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