Solution-What is the yield to maturity of bond

What is the yield to maturity of bond

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A Japanese company has a bond outstanding that sells for 92 percent of its ¥100,000 par value. The bond has a coupon rate of 5.1 percent paid annually and matures in 13 years.

What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Reference no: EM131434710

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What is the yield to maturity of bond

Reference no: EM131434710

Reference no: EM131434710

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