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A Ja oanese company has a bono that sels for 97.17 percent of its 100,000 par value. The bond has a coupon rate of 5.6
A Ja oanese company has a bono that sels for 97.17 percent of its 100,000 par value. The bond has a coupon rate of 5.6 percent poid annualy and matures in 15 years. What is the yield to matur ty of this oond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32,16
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