A Japanese company has a bond that sells for 104.615 percent of its ¥100,000 par value. The bond has a coupon rate of 6.

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answerhappygod
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A Japanese company has a bond that sells for 104.615 percent of its ¥100,000 par value. The bond has a coupon rate of 6.

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A Japanese company has a bond that sells for 104.615 percent ofits ¥100,000 par value. The bond has a coupon rate of 6.6 percentpaid annually and matures in 22 years. What is the yield tomaturity of this bond?
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