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A Japanese company has a bond outstanding that sells for 85 percent of its 100,000 par value. The bond has a coupon rate of 4.4
| A Japanese company has a bond outstanding that sells for 85 percent of its 100,000 par value. The bond has a coupon rate of 4.4 percent paid annually and matures in 15 years. |
| What is the yield to maturity of this bond? |
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Regulation Of Securities Markets And Transactions
Authors: Patrick S. Collins
1st Edition
0470601965, 978-0470601969
