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4. A bond has coupon rate of 6%, YTM of 4%, face value of $1,000, and matures in 8 years. a. What are bond
4. A bond has coupon rate of 6%, YTM of 4%, face value of $1,000, and matures in 8 years. a. What are bond value, current yield, and capital gains yield this year? b. What are bond value, current yield, and capital gains yield in 3 years? c. Explain what happens to this bond's value, current yield, and capital gains yield as the bond approaches its maturity date. 2 of 4 1533 words BX Type here to search Text Predictions: On Accessibility: Good to go ? f3 f4 f6 40 7 2 # 3 $ 4 % 5 6 & 7 Q A W E R T Y F G ly f8 fg * 00 S W P D'Focus BB E 42F ^ E f11 f10 441 12 ins prt sc del + P [ S H K L
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