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Business, 12.08.2020 05:01 JebKush3161

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. Required:
a. What is the value of the semi-annual coupon on the bond?
b. What is the price of the bond?

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A Japan-based company, Sumo Gyms, Inc., issues a 35-year, semi-annual coupon bond, with a ¥300 milli...
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