Question
A bond sells for $900 today. Its coupon rate is 3%. The expected price in one year is $950. Based on the current price of
A bond sells for $900 today. Its coupon rate is 3%. The expected price in one year is $950. Based on the current price of $900, what is the bonds current yield, expected capital gains yield, and expected total return?
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi
4th Edition
0130402664, 9780130402660
