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# 2 - Jay's Grappling Gym has an outstanding bond that has a $ 1 , 0 0 0 par value and a 6 .

# 2- Jay's Grappling Gym has an outstanding bond that has a $1,000 par value and a 6.5% coupon rate. Interest is paid semi-annually. The bond has 13 years remaining until it matures. Today, the going interest rate is 10.5 percent, and it is expected to remain at this level for many years in the future.
Compute the bond's current yield.
Compute the current gains yield that the bond will generate this year.
Compute the total return generated in Year 3.
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