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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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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
