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Bond P is a premium bond with a 9 % coupon. Bond D is a 4 % coupon bond currently selling at a discount. Both
Bond P is a premium bond with a coupon. Bond D is a coupon bond
currently selling at a discount. Both bonds make annual payments, have a YTM of
and have years to maturity. If interest rates remain unchanged, what is the exoected capital gains yild over the next year for Bond P and Bond D
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