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rates, the bond's market price has fallen to $ 9 1 0 . 4 0 . The capital gains yield last year was - 8
rates, the bond's market price has fallen to $ The capital gains yield last year was
a What is the yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places.
Round your answers to two decimal places.
Expected current yield:
Expected capital gains yield:
c Will the actual realized yields be equal to the expected yields if interest rates change? If not, how will they differ?
the realized return to investors will differ from the YTM
result, the realized return to investors should equal the YTM
the realized return to investors should equal the YTM
result, the realized return to investors should equal the YTM
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