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price has fallen to $905.35. The capital gains yield last year was 9.465%. a. What is the yield to maturity? Do not round intermediate calculations.
price has fallen to $905.35. The capital gains yield last year was 9.465%. a. What is the yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. % % % c. Will the actual realized yields be equal to the expected yields if interest rates change? If not, how will they differ? equal the YTM. equal the YTM. III. As rates change they will cause the end-of-year price to change and thus the realized capital gains yield to change. As a result, the realized return to investors will differ from the YTM. from the YTM. equal the YTM
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