Question
Wee Beastie Animal Farm bonds have 88 years to maturity and pay an annual coupon at the rate of 6.5 %. The face value of
Wee Beastie Animal Farm bonds have 88 years to maturity and pay an annual coupon at the rate of 6.5 %. The face value of the bonds is $1,000.
The price of the bonds is $ 1,075.96 to yield 5.31%.
What is the capital gain yield on the bonds?
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
