Question: aste Clipboard D17 E 2 3 Alignment Number Conditional Format as Cell Cells Formatting Table- Styles- Font Styles A C D E F G

aste Clipboard D17 E 2 3 Alignment Number Conditional Format as Cell

aste Clipboard D17 E 2 3 Alignment Number Conditional Format as Cell Cells Formatting Table- Styles- Font Styles A C D E F G H 1 1 K A Japanese company has a bond outstanding that sells for 91.53 percent of its 100,000 par value. The bond has a coupon rate of 3.4 percent paid annually and matures in 16 years. What is the yield to maturity of this bond? 4 5 6 Coupons per year Face value (% of par) Bond price (% of par) Face value 91.530 100,000 Settlement date 1/1/2000 Maturity date 1/1/2016 8 Annual coupon rate 3.4% 9 1 10 100 H 12 13 14 15 16 18 19 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this question. Yield to maturity READY Altemps) 1/3 Sheet1 - 100% Hint

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