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please help!! explain and show why- im confused! A band offers a coupon rate of 6% paid annually, and has a maturity of 11 years.
please help!! explain and show why- im confused!
A band offers a coupon rate of 6% paid annually, and has a maturity of 11 years. The current market yield is 6%. If market conditions remain unchanged, what should be the Capital Gains Yield of the bond? Enter your answer as a percentage, without the percentage sign ("%"), and rounded to 2 decimals. Use the minus sign (-7if the yield is negative. 0 Step by Step Solution
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