Question: 3. Show your work. Estimate the current yield (CY) and Capital Gain Yield (CGY) for a 10-year, 9% annual coupon bond that sells for S

 3. Show your work. Estimate the current yield (CY) and Capital

3. Show your work. Estimate the current yield (CY) and Capital Gain Yield (CGY) for a 10-year, 9% annual coupon bond that sells for S 887, and has a face value of S1,000. (10 points)

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