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12. Midea cooperation bonds mature in 3 years and have a yield to maturity of 8.5%. The par value of the bond is $1000. The

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12. Midea cooperation bonds mature in 3 years and have a yield to maturity of 8.5%. The par value of the bond is $1000. The bond have a 10% coupon rate and pay interest on semiannual basis. What is the capital gain yield (loss) on this bond? a. 9.625% - b. 1.75% b. 8.5% d. 1.125%

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