Question
A Japanese company has a bond outstanding that sells for 96 percent of its 100,000 par value. The bond has a coupon rate of 6.3
A Japanese company has a bond outstanding that sells for 96 percent of its 100,000 par value. The bond has a coupon rate of 6.3 percent paid annually and matures in 19 years. What is the yield to maturity of this bond?
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Strategic Public Finance
Authors: Stephen Bailey
1st Edition
0333922212, 978-033392221
