Hat is the yield to maturity of this 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 of this bond?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Hat is the yield to maturity of this bond
Reference No:- TGS0723498

Expected delivery within 24 Hours