Chapter $7$

Question $4$

$4.$ Bond Yields $[$LO$2]$ A Japanese company has a bond outsanding that sells for $105\mathrm{.}43$ pereent of is $Y100,000$ par value. The bond has a coupon rate of $3\mathrm{.}4$ pereent paid annually and matures in $16$ years. What is the yield to maturity of this bond?

hour $$ne$$:

$\backslash$table$[[\backslash$table$[[$Settlement date$],[$Maturity date$],[$Annual coupon rate$],[$Coupons per year$],[$Face value of par$],[$Bond price $1\%$ of par$],[$Years to maturity$]],1112000],[11120],[],[],[\frac{100,000}{105,43}$