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A bond having a $1,000 face amount had a price of $750.21 in 2020, and $752.50 a year later. The coupon rate is 5%. a.
A bond having a $1,000 face amount had a price of $750.21 in 2020, and $752.50 a year later. The coupon rate is 5%.
a. What was the Current Yield (CY) of this bond?
b. What was the Capital Gain Yield (CGY)?
c. What was the Yield to Maturity (YTM)?
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