• A speculator purchased Barclays Bank Ghana Limited corporate bond for ¢500,000. The bond is expected to yield a coupon payment of ¢50,000 per annum for the next 25 years. At the end of this period, it will be necessary to buy a new bond at the cost of ¢700,000 at the same coupon rate so that the speculator can still meet his expenditures. 
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• Assuming that the coupon rate is the same as the interest, how should the purchaser provide for this future expenditure, and what will be the effect on his percentage yield?