Question
A bond offers a coupon rate of 12%, paid annually, and has a maturity of 19 years. The current market yield is 13%. Face value
A bond offers a coupon rate of 12%, paid annually, and has a maturity of 19 years. The current market yield is 13%. Face value is $1,000. If market conditions remain unchanged, what should be the Capital Gains Yield of the bond?
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The Psychology Of Money Timeless Lessons On Wealth Greed And Happiness
Authors: Morgan Housel
1st Edition
978-0857199096
