Question
Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 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 6%. The face value of the bonds is $1,000. The price of the bonds is $1,063.88 to yield 4.9%. What is the capital gain yield on the bonds?
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Cases In Healthcare Finance
Authors: George H. Pink, Paula H. Song
7th Edition
1640553177, 978-1640553170
