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A ten-year maturity bond with a coupon rate of 8% is now selling at $1,070 ($1,000 par value). What is the current yield and capital
A ten-year maturity bond with a coupon rate of 8% is now selling at $1,070 ($1,000 par value). What is the current yield and capital gain yield for this bond assuming the yield to maturity of this bond remain unchanged?
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