Question
American Siesta Inc. (ASI) bonds have a coupon rate of 10% and pay coupon annually. The bonds have 15 years remaining to maturity and are
American Siesta Inc. (ASI) bonds have a coupon rate of 10% and pay coupon annually. The bonds have 15 years remaining to maturity and are selling for $806.13. What is the capital gain yield of the ASI bond?
|
| A. | -0.861% |
|
| B. | 0.595% |
|
| C. | 0.868% |
|
| D. | -0.738% |
|
| E. | -0.579% |
|
| F. | 0.582% |
|
| G. | -0.592% |
|
| H. | 0.743% |
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
978-0538453257
