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A Japanese company has a bond outstanding that sells for 91 percent of its 100,000 par value. The bond has a coupon rate of 5
| A Japanese company has a bond outstanding that sells for 91 percent of its 100,000 par value. The bond has a coupon rate of 5 percent paid annually and matures in 12 years. |
| What is the yield to maturity of this bond? |
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Comparative Public Budgeting
Authors: George M Guess
2nd Edition
1316648109, 978-1316648100
