A Japanese company has a bond that sells for 106.812 percent of its 100,000 par value....
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A Japanese company has a bond that sells for 106.812 percent of its 100,000 par value. The bond has a coupon rate of 6.7 percent paid annually and matures in 21 years. What is the yield to maturity of this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity % A Japanese company has a bond that sells for 106.812 percent of its 100,000 par value. The bond has a coupon rate of 6.7 percent paid annually and matures in 21 years. What is the yield to maturity of this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity % A Japanese company has a bond that sells for 106.812 percent of its 100,000 par value. The bond has a coupon rate of 6.7 percent paid annually and matures in 21 years. What is the yield to maturity of this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity % A Japanese company has a bond that sells for 106.812 percent of its 100,000 par value. The bond has a coupon rate of 6.7 percent paid annually and matures in 21 years. What is the yield to maturity of this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity % A Japanese company has a bond that sells for 106.812 percent of its 100,000 par value. The bond has a coupon rate of 6.7 percent paid annually and matures in 21 years. What is the yield to maturity of this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity % A Japanese company has a bond that sells for 106.812 percent of its 100,000 par value. The bond has a coupon rate of 6.7 percent paid annually and matures in 21 years. What is the yield to maturity of this bond? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Yield to maturity %
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Answer rating: 100% (QA)
SOLUTION To calculate the yield to maturity YTM of a bond we can use the present value formula an... View the full answer
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
Posted Date:
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