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Mondrian Inc. has bonds outstanding with 20 years left to maturity. The bonds have an 8% annual coupon rate and were issued 1 year ago
Mondrian Inc. has bonds outstanding with 20 years left to maturity. The bonds have an 8% annual coupon rate and were issued 1 year ago at their par value of $975.87 If the YTM is 8.25%, then which one of these pairs represent the (Current Yield, capital gain Yield) values for this bond? Select one: None of these is the right answer (8.64%,-0.39%) (8.25%,-8%) (8%,-0.95%) (10%,-0.67%)
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