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Wee Beastie Animal Farm bonds have 8 years to maturity and pay an annual coupon at the rate of 6.1%. The face value of the
Wee Beastie Animal Farm bonds have 8 years 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 $1,063.03 to yield 5.12%. What is the capital gain yield on thebonds?The capital gain yieldis:(Select the best choicebelow.)
A.
0.62%
B.
0.58
C.
0.68%
D.
+0.6%
E.
+0.52 %
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