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1. 2. A Japanese company has a bond outstanding that sells for 92 percent of its 100,000 par value. The bond has a coupon rate
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A Japanese company has a bond outstanding that sells for 92 percent of its \100,000 par value. The bond has a coupon rate of 5.9 percent paid annually and matures in 15 years. What is the yield to maturity of this bond (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and selling for $976. At this price, the bonds yield 7.3 percent. What must the coupon rate be on the bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Coupon rate %
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