Question
A Japanese company has a bond that sells for 104.615 percent of its 100,000 par value. The bond has a coupon rate of 6.6 percent
A Japanese company has a bond that sells for 104.615 percent of its 100,000 par value. The bond has a coupon rate of 6.6 percent paid annually and matures in 22 years. What is the yield to maturity of this bond?
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An Introduction To Trading In The Financial Markets Market Basics
Authors: R. Tee Williams
1st Edition
0123748380, 9780123748386
