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How much would you pay for a that pays an annual coupon of $50 per year and yields on competing instruments are 5% ? You
How much would you pay for a that pays an annual coupon of $50 per year and yields on competing instruments are 5% ? You would pay q (Round your response to the nearest penny.) If competing yields are expected to change to 12%, what is your expected capital gain (or loss)? The expected capital gain (or loss) is $ (Round your response to the nearest penny.)
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