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6. A $1000-face-value bond has a 10% coupon rate, its current price is $960, and its price is expected to increase to $980 next year.

6. A $1000-face-value bond has a 10% coupon rate, its current price is $960, and its price is expected to increase to $980 next year. Calculate the current yield, the expected rate of capital gain, and the expected rate of return. Ans

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