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PLEASE post how to enter in excel INCLUDING what cells to click!! Thank you A Japanese company has a bond outstanding that sells for 91.53
PLEASE post how to enter in excel INCLUDING what cells to click!! Thank you
A Japanese company has 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? Settlement date Maturity date Annual coupon rate Coupons per year Face value (% of par) Bond price (% of par) Face value 1/1/2000 1/1/2016 3.4% 100 91.530 100,000 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this question. Yield to maturity Step by Step Solution
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