Question
A 10-year, $1,000 par value bond has a 6.25% coupon rate with interest paid semiannually.The bond currently sells for $850.What is the capital gains yield
A 10-year, $1,000 par value bond has a 6.25% coupon rate with interest paid semiannually.The bond currently sells for $850.What is the capital gains yield on these bonds?answer should be rounded to two decimal places.
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Entrepreneurial Finance
Authors: Philip J. Adelman; Alan M. Marks
6th edition
9780133099096, 133140512, 133099091, 978-0133140514
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