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A bond is currently trading at a YTM of 11%. We also know that its market price is $890, and that its! coupon rate is
A bond is currently trading at a YTM of 11%. We also know that its market price is $890, and that its! coupon rate is 4%. What is the bond's expected Capital Gains Yield? Enter your answer as a percentage, without the '%' sign, and rounded to two decimals. For example, if your answer is 0.031416, which is equivalent to 3.1416%, just enter 3.14
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