Question

4. a japanese company has a bond outstanding that sells for 106 percent of its par value. The bond has a coupon rate of 2.8 percent paid annually and matures in 21 years. What is the yield to maturity of this bond?

Answer 1

Answer:

Sorry friend I can't understand so I will not be able to answer

Answer 2

Answer:

the proper answer for this question is 3.7 %

Explanation:

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