An 8 year, 10 percent semi-annual coupon bond, with a par value of $1,000, may be called

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An 8 year, 10 percent semi-annual coupon bond, with a par value of $1,000, may be called in 3 years at a call price of $1,040. The bond sells at $1,060. What is the bonds capital gain or loss yield?

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Intermediate Financial Management

ISBN: 9780357516669

14th Edition

Authors: Eugene F Brigham, Phillip R Daves

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Posted Date: Mar 10, 2024 05:45 AM

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An 8 year, 10 percent semi-annual coupon bond, with a par value of $1,000, may be called

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To calculate the bonds capital gain or loss yield we need to consider the change in price from the p... View the full answer

Intermediate Financial Management

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