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Consider a bond with the following characteristics today (Year 0): Face Value=$1000 Coupon Rate=5% Interest Rate=3% Time to maturity=10 years What is the capital gain
Consider a bond with the following characteristics today (Year 0):
Face Value=$1000 Coupon Rate=5% Interest Rate=3% Time to maturity=10 years
What is the capital gain yield in Year 1? (Remember: Starting year is Year 0)
Group of answer choices
0.93%
-1.27%
-1.39%
-0.37%
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