Question
A Japanese company has a bond outstanding that sells for 89 percent of its 100,000 par value. The bond has a coupon rate of 5.6
A Japanese company has a bond outstanding that sells for 89 percent of its 100,000 par value. The bond has a coupon rate of 5.6 percent paid annually and matures in 18 years. What is the yield to maturity of this bond?
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Production And Operations Analysis
Authors: Steven Nahmias
6th Edition
0073377856, 9780073377858
