Business, 24.11.2021 14:00, weeblordd

A Japanese company has a bond outstanding that sells for 89 percent of its #100,00 par value. The bond has a coupon rate of 5.6 percent paid annually and mature in 18
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.)
Yield to maturity
%

A Japanese company has a bond outstanding that sells for 89 percent of its #100,00

par value. The

Answers: 1

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A Japanese company has a bond outstanding that sells for 89 percent of its #100,00 par value. The...