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Question 18 use the following information to answer 16-20. an 8year, 10 percent semiannual coupon bond, with a par value of $1,000 may be called
Question 18 use the following information to answer 16-20. an 8year, 10 percent semiannual coupon bond, with a par value of $1,000 may be called in 3 years at a call price of $1,040. the bond sells for $1,060.
What is the bonds capital gain or loss yield? A) -.3% B) .4% C) -.5% D) .51%
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