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Ezzell Enterprises' noncallable bonds currently sell for $900. They have a 4-year maturity, semiannual coupon rate of 11.00%, and a par value of $1000. What
Ezzell Enterprises' noncallable bonds currently sell for $900. They have a 4-year maturity, semiannual coupon rate of 11.00%, and a par value of $1000. What is the bond's capital gain or loss yield? ANSWER= 2.15%
Please show work on financial calculator and excel. I am stuck and unsure of how to calculate. Thanks!
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