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For question 38, How did they get -0.39% for the bond's capital gain yield? Find the yield to maturity (YTM) for a 15-year, 8% annual
For question 38, How did they get -0.39% for the bond's capital gain yield?
Find the yield to maturity (YTM) for a 15-year, 8% annual coupon rate, $1,000 par value bond if the bond sells for $1,108 currently? We assume that interest is paid on this bond annually. Selected Answer: 6.83% Answers: 5.91% 6.83% 7.55% 8.72% Question 37 5 out of 5 points Using the information from Question 36, calculate the bond's current yield. Selected Answer: 7.22% Answers: 6.80% 6.97% 7.22% 7.91% Question 38 O out of 5 points Using the information from Question 36 and 37, calculate the bond's capital gain yield. Selected Answer: Answers: x 0.39% -0.39% -1.18% 0.39% 1.18%Step by Step Solution
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