1. The corporate bond of Red Hill Chemical Inc. currently sells at $1,073.00. The bond has an annual coupon rate of 6.80% and a face value of $1000. There are 14 years remaining to maturity.

1. What is the current yield of the bond?
2. What is the bonds yield-to-maturity?
3. What is the capital gains yield of the bond? (show both ways to find this answer)

Answer rating: 100% (QA)

Current Yield ... View the full answer