Question
A Japanese company has a bond outstanding that sells for 106 percent of its 100,000 par value. The bond has a coupon rate of 5.4
A Japanese company has a bond outstanding that sells for 106 percent of its 100,000 par value. The bond has a coupon rate of 5.4 percent paid annually and matures in 11 years.
What is the yield to maturity of this bond?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
