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Goatboy Corporation bonds are currently priced at $1,182.56 and have 25 years until maturity. The bonds have a 12% coupon rate an pay interest semiannually.
Goatboy Corporation bonds are currently priced at $1,182.56 and have 25 years until maturity. The bonds have a 12% coupon rate an pay interest semiannually. The bonds also have a $1000 par value and yield to maturity of 10%. Assuming that the YTM stays the same, what would be the bond's capital gains yield if sold next year?
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