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Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 5.7 %. The face value of
Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 5.7 %. The face value of the bonds is $ 1 comma 000. The price of the bonds is $ 1 comma 053.66 to yield 4.78 %. What is the capital gain yield on the bonds?
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