eBook One year ago, Henderson Honey issued a 2 0 - year bond for $ 1 ,

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One year ago, Henderson Honey issued a

20 -

year bond for $

1, 000 .

The bond's coupon rate of interest is

7

percent, and interest is paid annually. The current value of the bond is $

886 .

What are the current yield and capital gains yield Henderson's bondholders earned during the year? Do not round intermediate calculations. Round your answers to one decimal place. Use a minus sign to enter a negative value, if any.

Current yield:

%

Capital gains yield:

%

What is the bond's yield to maturity today? Do not round intermediate calculations. Round your answer to one decimal place.

%

Posted Date: May 18, 2024 10:06 PM

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