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3. What is the current yield of a bond paying 15% with a par value of $2,000, a ten-year maturity, and a price of $1,500?
3. What is the current yield of a bond paying 15% with a par value of $2,000, a ten-year maturity, and a price of $1,500? What is the capital gains yield of said bond if the next year its sale price was $1,750? What is the total expected return for this bond? (Percentage)
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