Question
8 8 years to maturity and pay an annual coupon at the rate of 6.1 % 6.1%. The face value of the bonds is $
8
8 years to maturity and pay an annual coupon at the rate of 6.1 %
6.1%. The face value of the bonds is $ 1 comma 000
$1,000. The price of the bonds is $ 1 comma 091.59
$1,091.59 to yield 4.7 %
4.7%. What is the capital gain yield on thebonds?
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
