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Question 27 A $1,000 par value, 16.2% annual coupon bond is currently selling for $900. The bond matures in 3 years. To the nearest percent,

Question 27 A $1,000 par value, 16.2% annual coupon bond is currently selling for $900. The bond matures in 3 years. To the nearest percent, what is the capital gains yield (CGY) on this bond? 3% - 1% 6% 21%

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