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A bond offers a coupon rate of 9%, paid annually, and has a maturity of 13 years. The current market yield is 10%. If market
A bond offers a coupon rate of 9%, paid annually, and has a maturity of 13 years. The current market yield is 10%. If market conditions remain unchanged, what should be the Capital Gains Yield of the bond?
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Essential Mathematics For Economic Analysis
Authors: Knut Sydsaeter, Peter Hammond, Arne Strom
4th Edition
0273760688, 9780273760689
