Question
6. You just purchased a 20-year 8.0% coupon bond with annual payments and par value of $1,000 for $1,225.00. What will be your capital gains
6. You just purchased a 20-year 8.0% coupon bond with annual payments and par value of $1,000 for $1,225.00. What will be your capital gains yield on the bond if you hold it for one year and the bond's yield to maturity remains the same as it is now? a. -0.50% b. -18.37% c. 8.00% d. 0.00% e. -4.00%
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Creating Financial Value A Guide For Senior Executives With No Finance Background
Authors: Malcolm Allitt
1st Edition
1472922719, 978-1472922717
