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On January 1 , 2 0 2 3 , ABC Corporation issued an 8 % annual coupon bond. Each unit of the bondshas $ 1
On January ABC Corporation issued an annual coupon bond. Each unit of the bondshas $ par value and the bond will mature on January Suppose you bought unit ofABC bonds at its issuance.a On January how much did each unit of ABC bonds cost if the YTM is on thatdate? b Based on your purchase price on January what is the current yield of ABC bond?c Today is the end of March Suppose immediately after receiving the coupon on January you sold the bond at YTM What was the capital gains yield of your bondinvestment from January to January
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