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Consider a 9 % coupon bond with face value of $ 1 0 0 0 that matures 1 5 years from now. The bond s

Consider a

9 %

coupon bond with face value of $

1000

that matures

15

years from now. The bond

s YTM is

11 %

and its current price is $

856.18 .

Coupons are paid annually. Find the capital gain yield for this bond

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