Question
A 10-year to maturity bond has a coupon rate of 8% (interest paid annually). The current price of the bond is $50 and te Par
A 10-year to maturity bond has a coupon rate of 8% (interest paid annually). The current price of the bond is $50 and te Par value is $1000, what is the capital gain yield of this bond over the next year?
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
16th Edition
0357517571, 978-0357517574
