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Bond Yields [ LO 2 ] A Japanese company has a bond outstanding that sells for 1 0 5 . 4 3 percent of its

Bond Yields [LO2] A Japanese company has a bond outstanding that sells for 105.43 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?
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\table[[\table[[Settlement date],[Maturity date],[Annual coupon rate],[Coupons per year],[Face value (% of par)],[Bond price (% of par)],[Years to maturity]],11?20 PPlleeaassee ddoo oonn eexxcceell uussiinngg yyiieelldd ffuunncc
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