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Bond A has 7% annual coupon matures in 12 years and has $1000 face value. Bond B has 9% annual coupon matures in 12 years
Bond A has 7% annual coupon matures in 12 years and has $1000 face value.
Bond B has 9% annual coupon matures in 12 years has $1000 face value
Bond C has 11% annual coupon matures in 12 years and has $1000 face value.
each bond has yield of maturity of 9%
Please show in excel and the work behind it thank you
(2) What is the expected capital gains yield for each bond in each year? (3) What is the total return for each bond in each yearStep by Step Solution
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