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A Japanese company has a bond that sells for 103 .813 percent of its 100,000 pat value. The bond has a coupon rate of 6.5
A Japanese company has a bond that sells for 103 .813 percent of its 100,000 pat value. The bond has a coupon rate of 6.5 percent paid annually and matures in 23 years. What is the yleld to maturity of this bond? Note: Do not round intermediote calculations and enter your onswer as a percent rounded to 2 decimal places, e.9. 32.16
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