A japanese company has a bond outstanding that sells for 91.53 percent of its ¥100,000 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? Please show excel formula. Settlement date 1/1/2000 Maturity date 1/1/2016 Annual coupon rate 3.4% Coupons per year 1 Face value (%of par) 100 Bond price (% of par) 91.530 Face value ¥100,000 Yield Maturity is_________
Debenture Valuation
A debenture is a private and long-term debt instrument issued by financial, non-financial institutions, governments, or corporations. A debenture is classified as a type of bond, where the instrument carries a fixed rate of interest, commonly known as the ‘coupon rate.’ Debentures are documented in an indenture, clearly specifying the type of debenture, the rate and method of interest computation, and maturity date.
Note Valuation
It is the process to determine the value or worth of an asset, liability, debt of the company. It can be determined by many processes or techniques. Many factors can impact the valuation of an asset, liability, or the company, like:
A japanese company has a bond outstanding that sells for 91.53 percent of its ¥100,000 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? Please show excel formula.
Settlement date 1/1/2000
Maturity date 1/1/2016
Annual coupon rate 3.4%
Coupons per year 1
Face value (%of par) 100
Face value ¥100,000
Yield Maturity is_________
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