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Bobby Dean purchased a 5-year, 6.1% coupon bond for 969. Interest is paid annually. One year later, he sells the bond for $1063. What is
Bobby Dean purchased a 5-year, 6.1% coupon bond for 969. Interest is paid annually. One year later, he sells the bond for $1063. What is his capital gains yield on this bond?
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
