Question
A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8% with interest paid annually.
A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8% with interest paid annually. If the current market price is $750, what is the capital gain yield of this bond over the next year?
| .72% | |
| 1.85% | |
| 2.58% | |
| 3.42% |
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An Introduction To Trading In The Financial Markets Market Basics
Authors: R. Tee Williams
1st Edition
0123748380, 9780123748386
