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An annual coupon is issued by a Japanese firm that is denominated in Yen. The current price of the bond is 92,000 Yen. The coupon
An annual coupon is issued by a Japanese firm that is denominated in Yen. The current price of the bond is 92,000 Yen. The coupon payment is 2,800 yen and the maturity value is $100,000 Yen. Calculate the YTM for this bond.
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