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The bonds for Company A have a 4.5% coupon rate, a $1000 par value, and 12 years to maturity. The bonds are currently priced at
The bonds for Company A have a 4.5% coupon rate, a $1000 par value, and 12 years to maturity. The bonds are currently priced at $905.40. What is the bond's capital gains yield for the coming year? What is the yield to maturity for this bond?
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