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Brian buys a bond with 9 remaining years to maturity. The bond has a coupon rate of 5% paid annually and a par value of
Brian buys a bond with 9 remaining years to maturity. The bond has a coupon rate of 5% paid annually and a par value of 1,000. If he pays $935 for the bond, what is the capital gains yield?
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
