What is the yield to maturity of this


A Japanese company has a bond outstanding that sells for 100 percent of its ¥100,000 par value. The bond has a coupon rate of 5.5 percent paid annually and matures in 12 years.

What is the yield to maturity of this bond?

(Enter your answer as a percentage, omit the "%" sign in your response, and enter your answer with 2 decimal place. For example, 1.214% should be entered as 1.21.)

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Financial Management: What is the yield to maturity of this
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