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A Japanese compary has a bond that sells for 96.883 percent of its $100.000 par value. The bond
has a coupon rate of 54 percent paid anmally and matures in 14 years: What is the yield to
maturity of this bond? Note: Do not round intermediate calculations and enter your answer os o
percent rounded to 2 decimal places, e.9.,3216.

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A Japanese compary has a bond that sells for 96.883 percent of its $1.pdf

  • 1. A Japanese compary has a bond that sells for 96.883 percent of its $100.000 par value. The bond has a coupon rate of 54 percent paid anmally and matures in 14 years: What is the yield to maturity of this bond? Note: Do not round intermediate calculations and enter your answer os o percent rounded to 2 decimal places, e.9.,3216.