Answered You can hire a professional tutor to get the answer.

QUESTION

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...

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?

I got 2.827%

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question