QUESTION $20$

Finance Bro Inc. has issued a $10-$year, $9\%$ annual coupon bond with a yield to maturity of $10\%.$ Calculate the capital gains yield on the company's bonds.

$0\mathrm{.}41\%$

$0\mathrm{.}88\%$

$1\mathrm{.}10\%$

$1\mathrm{.}31\%$

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