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05-08-2020
Business

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A Japan-based company, Sumo Gyms, Inc., issues a 35-year, semi-annual coupon bond, with a ¥300 million par value. The coupon rate is given as 5.90%, and the yield to maturity is 6.70. a. What is the value of the semi-annual coupon on the bond?

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aanshi721 aanshi721

05-08-2020

Answer:

per*

Explanation:

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