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We know that the Yield-to-Maturity can always be decomposed into a Coupon Yield (Coupon/P0) plus a capital gain or loss component. Assume that we are

We know that the Yield-to-Maturity can always be decomposed into a Coupon Yield (Coupon/P0) plus a capital gain or loss component. Assume that we are referring to the 2.75% coupon, 50-year bond issued by Canada April 28th, 2014. Assume that it is now April 28th, 2024 and the current yield on this bond is 7%. What is the annual Coupon Yield on this bond? Multiple Choice 5.25% 2.85% 6.37% 4.66%

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