Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a japanese company has a bond outstanding that sel

A Japanese company has a bond outstanding that sells for 96 percent of its 100,000...

80.2K

Verified Solution

Question

Accounting

A Japanese company has a bond outstanding that sells for 96 percent of its 100,000 par value. The bond has a coupon rate of 6.30 percent paid annually and matures in 19 years.

What is the yield to maturity of this bond? (Round your answer to 2 decimal places. (e.g., 32.16))


Yield to maturity %

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Hour Sample 1 Sample 2 Sample 3 Sample 4 Sample 5 Sample 6 Sample 7 Sample 8 1 98.2706 98.82376 101.8175 100.1819 102.9594 101.165 95.25957 98.97423 2 100.7166 101.8866 98.56813 98.77126 101.8273 98.20298 101.6975 99.63706 3 98.9922 101.9845 103.7859 97.94211 100.9618 102.5191 97.33631 101.6476 4 103.2479 97.55057 105.5942 99.39358 99.57922 95.39694 96.26237 102.5666 5 100.403 99.99954 100.1254 100.21 93.46717 103.2011 100.1247 101.0385 6 97.26687 101.0598 96.30829 100.2402 98.07447 97.92167 102.4083 104.0686 7 101.2243 98.17466 99.66765 101.106 100.2891 99.37136 99.33442 95.24574 8 99.77304 95.70568 99.5615 99.89883 100.3117 104.133 100.4445 96.28674 9 98.51186 99.89239 101.3762 99.76019 101.5632 97.32041 99.62125 101.4166 10 97.40904 97.85005 101.42 103.6548 96.49857 101.3962 103.8805 98.63672 The data in the worksheet labeled “Problem...

Statistics
Q

Developmental biology THEMES including concentration gradients, time, location/induction, inhibition of an inhibition, negative and positive feedback loops,...

Biology
Q

Correlate muscle physiology to normal body function.

Medical Sciences
Q

If you are a midcareer HR professional, review and assess the capability of your current résumé...

Operations Management
Q

Gametophyte plants that are dioecious have both archegonia and antheridia on a single shared gametophyte...

Biology
Q

Which two sentences from the article support how the author feels about Malala Malala was...

Biology
Q

A steel measuring tape and a copper rod are a heir true length at room...

Physics
Q

A particle of mass m is driven by a machine that delivers a constant power...

Physics
Q

Let f x 1 x 2 fog x gof x and g x 2 1...

Calculus
Q

2 If y 8 what is the value of four times the quotient of y...

Algebra
Q

Obtain a chart of accounts from a local construction company. Compare and contrast the companys...

Accounting
Q

The entry to record the write-off of a credit customers account under the direct write-off...

Accounting