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Malko Enterprises bonds currently sell for $1,050. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is
Malko Enterprises bonds currently sell for $1,050. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is their expected capital gains yield?
a. -0.67% b. 0.76% c. 0.64% d. -0.75%
Please answer with values for a financial calculator. Thanks!
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