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A 6.64% annual coupon, 22-year bond has a yield to maturity of 5.63%. Assuming the par value is $1,000 and the YTM is expected not
A 6.64% annual coupon, 22-year bond has a yield to maturity of 5.63%. Assuming the par value is $1,000 and the YTM is expected not to change over the next year, what is the expected Capital Gains Yield for this bond? Please share your answer as a \% Step by Step Solution
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