What is the yield to maturity of bond

Assignment Help Financial Management

Reference no: EM131502850

A Japanese company has a bond outstanding that sells for 94 percent of its ¥100,000 par value. The bond has a coupon rate of 5.3 percent paid annually and matures in 15 years.

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

Yield to maturity %

Reference no: EM131502850

Questions Cloud

Developing countries acquired high-tech us firms : Recently, many foreign firms from both developed and developing countries acquired high-tech U.S. firms.

How much equity does tiggies have on its balance sheet : how much equity does Tiggie's have on its balance sheet?

What should the company expect to pay for its loan : A company has hired you to analyse how much money can it borrow. What should the compny expect topay for its loan?

What is the conversion price and value : Five years ago, Williams Company issued $10 million of convertible bonds with par value of $1,000 each and coupon rate of 6%, What is the conversion price?

What is the yield to maturity of bond : A Japanese company has a bond outstanding that sells for 94 percent of its ¥100,000 par value. What is the yield to maturity of this bond?

Bonds outstanding with annual coupon rate : A corporation has 10,000 bonds outstanding with a 6% annual coupon rate, 8 years to maturity, a $1,000 face value, and a $1,100 market price.

Intends to liquidate all of its assets : The Mayan Calendar Co. intends to liquidate all of its assets at the end of 2012 and pay out the proceeds as one giant dividend of $1,000 per share.

Prepare jack and jills tax return and schedules : Prepare Jack and Jill's tax return Form 1040 and Schedules A, B, C, D, and SE for the current year.

Money to use for margin in trading futures : You have a $1000,000 of money to use for margin in trading futures. In this case what does margin mean?

User Account

All Pages