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Yes They Can, Inc. has a bond issue outstanding with a $1,000 par value and a maturity date of 2/15/2048. The annual coupon rate is
Yes They Can, Inc. has a bond issue outstanding with a $1,000 par value and a maturity date of 2/15/2048. The annual coupon rate is 17% with quarterly coupon payments. The market price for the bonds was $1,135 as of 2/15/2015. What was the expected capital gain yield on the bonds on 2/15/2015? 14.96% 14.98% 2.59% -0.01%
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