A Japanese company has a bond outstanding that sells for 94 percent of its 100,000 par value.

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A Japanese company has a bond outstanding that sells for 94 percent of its 100,000 par value. The bond has a coupon rate of 6.1 percent paid annually and matures in 17 years.

What is the yield to maturity of this bond?

Posted Date: Jun 25, 2024 03:46 PM

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A Japanese company has a bond outstanding that sells for 94 percent of its 100,000 par value.

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