Question
Today, you bought an 4.75% annual coupon bond for $1,300. The bond has 10 years to maturity. If 8 years from now the YTM on
Today, you bought an 4.75% annual coupon bond for $1,300. The bond has 10 years to maturity. If 8 years from now the YTM on your bond has decreased and you sell your bond for $1,690, what will be your capital gains yield for this investment?
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Introductory Econometrics For Finance
Authors: Chris Brooks
3rd Edition
1107661455, 9781107661455
