A Japanese Company Has A Bond Outstanding That Sells For 90 Percent

A Japanese company has a bond outstanding that sells for 90 percent of its ¥100,000 par value. The bond has a coupon rate of 4. 9 percent paid annually and matures in 20 years. What is the yield to maturity of this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places

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