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What is the Capital Gain/Loss Yield (CGY) on an 8-year, 6% annual coupon, par value bond that costs $800 today? Hint: Solve for the CY
What is the Capital Gain/Loss Yield (CGY) on an 8-year, 6% annual coupon, par value bond that costs $800 today?
Hint: Solve for the CY and YTM
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