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Bond X has a YTM of 4%, and a current yield of 5%. If interest rates remain unchanged, what is the expected capital gains yield

Bond X has a YTM of 4%, and a current yield of 5%. If interest rates remain unchanged, what is the expected capital gains yield over the next year for Bond P?

  1. -1%
  2. +9%
  3. +1%
  4. Insufficient data to answer the question
  5. None of the above

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