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Today, you paid $700 for a 2.25% annual coupon bond that has 30 years to maturity. If 3 years from now you sell your bond
Today, you paid $700 for a 2.25% annual coupon bond that has 30 years to maturity. If 3 years from now you sell your bond for $735, what will be your capital gains yield?
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Financial Management Principles And Practice
Authors: Timothy Gallagher
7th Edition
0996095462, 978-0996095464
