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Suppose a bond with a 10% coupon rate and semiannual coupons has a face value of $1000, 20 years to maturity, and is selling for
Suppose a bond with a 10% coupon rate and semiannual coupons has a face value of $1000, 20 years to maturity, and is selling for $1,197.93. What is the Yield to Maturity? What id the current yield? What is the capital gain yield?
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