All answers must be entered as a formula.

A B D E F G H I J K 2 3 A Japanese company has a bond outstanding that sells for 91.53 percent of its \100,000 par value. The bond has a coupon rate of 3.4 percent paid annually and matures in 16 years. What is the yield to maturity of this bond? 4 5 6 7 8 Settlement date Maturity date Annual coupon rate Coupons per year Face value % of par) Bond price (% of par) Face value 1/1/2000 1/1/2016 3.4% 1 9 10 100 11 91.530 \ 100,000 12 13 14 15 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this question. 16 17 Yield to maturity 18 19 Sheet1 READY 1 + 100% Attempt(s) Hint