Question
American Siesta Inc. (ASI) bonds have a coupon rate of 8% and pay coupons semiannually. The bonds have 10 years remaining to maturity and
American Siesta Inc. (ASI) bonds have a coupon rate of 8% and pay coupons semiannually. The bonds have 10 years remaining to maturity and are selling for $875.38. What is the capital gain yield of the ASI bond?
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Financial Analysis With Microsoft Excel
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