A Japanese company has a bond outstanding that sells for 93 percent of its 100,000...
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Finance
A Japanese company has a bond outstanding that sells for 93 percent of its 100,000 par value. The bond has a coupon rate of 5.2 percent paid annually and matures in 14 years. What is the yield to maturity of this bond? (Do not round intermedlete calculetlons and enter your answer as a percent rounded to 2 decimal ploces, e.9.. 32.16. ) You buy a zero coupon bond at the beginning of the year that has a face value of $1,000. a YTM of 9 percent, and 11 years to maturity, You hold the bond for the entire year. Assume semiannual compounding. How much interest income will you have to declare on your tax return? (Do not round Intermedlate calculations and round your onswer to 2 declmal places, e.9., 3216.)


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