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Wee Beastie Animal Farm bonds have 7years to maturity and pay an annual coupon at the rate of 6.1%. The face value of the bonds
Wee Beastie Animal Farm bonds have 7years to maturity and pay an annual coupon at the rate of 6.1%. The face value of the bonds is $1,000. The price of the bonds is $1,078.83 to yield 4.75%. What is the capital gain yield on the bonds? The capital gain yield is:(Select the best choice below.)
A. 0.92%
B. +1.06%
C. 0.98
D. 0.9%
E. +1.04%
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