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Sanlam Ltd bonds mature in 4 years and you have a yield to maturity of 11.21%. The par value of the bonds is R867. The
Sanlam Ltd bonds mature in 4 years and you have a yield to maturity of 11.21%. The par value of the bonds is R867. The bonds have a 8.5% coupon rate and pay interest on a quarterly basis.
1.Find the current price of the bond. 2. Find the current yield of the bond. 3. Find the capital gains yield or loss.
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