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38. Consider a corporate bond issued by Pixie inc. The bond price was 50 at the end of 2016. The price has risen to 70

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38. Consider a corporate bond issued by Pixie inc. The bond price was 50 at the end of 2016. The price has risen to 70 at the end of 2017. An intermediate coupon payment of 10 took place during 2017. Which statement is TRUE? A) The capital gain rate is smaller than the current yield. B) The capital gain rate is 20% The total return equals 60% D) The bond's yield to maturity increased during 2017

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