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A US Government bond has 1 5 years remaining to maturity, pays annual coupons ( yesterday ) of $ 3 0 , and has a
A US Government bond has years remaining to maturity, pays annual coupons yesterday of $ and has a face value of $ The bond is currently priced to yield If you buy the bond today, hold it for one year and sell it after the next coupon, then what capital gain return will you earn for the year? Assume that yields are expected to remain constant at the current level over the bond's life
Enter your answer as a percent, rounded to decimal places. If you answer is enter without the percent symbol
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