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A 10-year, $1,000 par value bond has a 6.75% coupon rate with interest paid semiannually.The bond currently sells for $800.What is the capital gains yield
A 10-year, $1,000 par value bond has a 6.75% coupon rate with interest paid semiannually.The bond currently sells for $800.What is the capital gains yield on these bonds?
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