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A Japanese company has a bond that sells for 96.883 percent of its 100,000 par value. The bond has a coupon rate of 5.4 percent
A Japanese company has a bond that sells for 96.883 percent of its 100,000 par value. The bond has a coupon rate of 5.4 percent paid annually and matures in 14 years. What is the yield to maturity of this bond?
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