question archive A Japanese company has a bond outstanding that sells for 87 percent of its ¥100,000 par value
A Japanese company has a bond outstanding that sells for 87 percent of its ¥100,000 par value
Subject:FinancePrice:2.87 Bought7
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A Japanese company has a bond outstanding that sells for 87 percent of its ¥100,000 par value. The bond has a coupon rate of 4.6 percent paid annually and matures in 17 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.) |
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