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A Japanese company has a bond outstanding that sells for 91 percent of its ¥100,000 par...

A Japanese company has a bond outstanding that sells for 91 percent of its ¥100,000 par value. The bond has a coupon rate of 5 percent paid annually and matures in 12 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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Answer #1

PV= 91000, Fv= 100000 , coupon = 5000, n =12 using financia calculator, YTM = 6.078%

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