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.
Posted: Wed Jul 06, 2022 6:42 pm
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?