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All three for thumbs up A Japanese company has a bond that sells for 104.609 percent of its 100,000 par value. The bond has a
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A Japanese company has a bond that sells for 104.609 percent of its 100,000 par value. The bond has a coupon rate of 6.3 percent paid annually and matures in 23 years. What is the yleld to maturity of this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. If Treasury bills are currently paying 6.15 percent and the inflation rate is 2 percent, what is the approximate and the exact real rate of interest? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.9., 32.16. In investment offers a total return of 11 percent over the coming year. Janice Yellen thinks the total real return on this investment will enly 8.9 percent. What does Janice believe the inflation rate will be over the next year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9., 32.16 Step by Step Solution
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