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Bond A has 4% annual coupons, matures in 12 years, and is priced today for a YTM of 4%. If the market interest rate next

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Bond A has 4% annual coupons, matures in 12 years, and is priced today for a YTM of 4%. If the market interest rate next year is 3%, find the capital gains yield over the coming year. (Choose the answer closest to the capital gains yield.) 5.01% O -5.01% O 9.95% O 9.25%

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