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Wee Beastie Animal Farm bonds have 9 years to maturity and pay an annual coupon at the rate of 5.9%. The face value of the
Wee Beastie Animal Farm bonds have 9 years to maturity and pay an annual coupon at the rate of 5.9%. The face value of the bonds is $1,000. The price of the bonds is $1,084.93 to yield 4.72%. What is the capital gain yield on the bonds?
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