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I believe the last bottom two are correct but I dont believe the top two are Bond P is a premium bond with a 12
I believe the last bottom two are correct but I dont believe the top two are
Bond P is a premium bond with a 12 percent coupon. Bond D is a 3 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 9 percent, and have nine years to maturity. What is the current yield for Bond P and Bond D? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) Bond P Bond D Current yield 10.17% 10.17% If interest rates remain unchanged, what is the expected capital gains yield over the next year for Bond P and Bond D? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))) Capital gains yield Bond P -1.16 % Bond D 4.32 %Step by Step Solution
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