Bond Yields [ L02 ] A Japanese company lias 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? Valuing Bonds |L02| Union Local School DistrM has a bond outstanding with a coupon rate of 3.7 percent paid semiannually and 16 years maturiy. The yield to maturity on this bond is 3.9 percent. and the bond has a par value of $5,000. What the price of the bond