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I need the Input area filled in so that I can answer the question. The dates can be made up. A Japanese company has a
I need the "Input area" filled in so that I can answer the question.
The dates can be made up.
A Japanese company has a bond outstanding that sells for 96.318 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? Chapter 7 Question 4 Input area: Settlement date Maturity date Annual coupon rate Coupons per year Redemption value (\% of par) Bond price (\% of par) Output area: Yield to maturity #NUM! A Japanese company has a bond outstanding that sells for 96.318 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? Chapter 7 Question 4 Input area: Settlement date Maturity date Annual coupon rate Coupons per year Redemption value (\% of par) Bond price (\% of par) Output area: Yield to maturity #NUM Step by Step Solution
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