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Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 6.4 % The face value of
Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 6.4 %
The face value of the bonds is $ 1,000 The price of the bonds is $ 1,064.17 to yield 5.23 %
What is the capital gain yield on the bonds?
The capital gain yield is:
A.+0.73
B.+0.76%
C.0.87%
D.0.77%
E.- 0.69 %
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