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please help! (4) A bond offers a coupon rate of 9%, paid annually, and has a maturity of 16 years. The current market yield is
please help! (4)
A bond offers a coupon rate of 9%, paid annually, and has a maturity of 16 years. The current market yield is 8%. Face value is $1.000. If market conditions remain unchanged. what should be the Capital Gains Yield of the bond? Enter your answer as a percentage, rounded to two decimals, and without the percentage sign ( (\%'). For example, if your answer is 0.123456, then it is equivalent to 12.35%, so you should enter 12.35 as the answer. Use the minus sign (1) if the yield is negative Step by Step Solution
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