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Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 5.6%. The face value of the
Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 5.6%. The face value of the bonds is $1,000. The price of the bonds is $1,048.43 to yield 4.77 %. What is the capital gain yield on the bonds? The capital gain yield is:(Select the best choice below.) A.0.59% B.+0.47% C.+0.49 D.0.47% E.negative 0.57 %
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