Nicole4617 Nicole4617

24-05-2023
Business

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USING EXCEL PLEASE
A Japanese company has a bond outstanding that sells for 91.53 percent of its $Y100,000 par value. The bond has a coupon rate of 3.4 percent paid annually and matures in 16 years. What is the yield to maturity of this bond?
Complete the following analysis. Do not har code values in your calculations. Leave the "basis" input blank in the function. You must use the built-in Excel formula to answer this question.

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