The bond has a coupon rate of 62 percent paid annually and


A Japanese company has a bond outstanding that sells for 95 percent of its ¥100,000 par value. The bond has a coupon rate of 6.2 percent paid annually and matures in 18 years. What is the yield to maturity of this bond?

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Financial Management: The bond has a coupon rate of 62 percent paid annually and
Reference No:- TGS02251779

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