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One year ago, the market required a 6.50% return (YTM) on a Beta Warehouse 15-year bond which was priced at par. The bond pays interest
One year ago, the market required a 6.50% return (YTM) on a Beta Warehouse 15-year bond which was priced at par. The bond pays interest annually. Today, the market required return (YTM) on the Beta bond is 7.20%. What was the capital gains yield on this bond?
Group of answer choices
-6.30%
-6.05%
-5.38%
-4.99%
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