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Wee Beastie Animal Farm bonds have 8 years to maturity and pay an annual coupon at the rate of 6%. 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%. The face value of the bonds is $1,000. The price of the bonds is $1,054.61 to yield 5.15%. What is the capital gain yield on the bonds? The capital gain yield is: (Select the best choice below.) A. -0.56% B. -0.47 C. +0.64% D. + 0.52% O E. -0.54%
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