Question: iec what is correct and incorrect for the work you have pleted so far. work you have done so far is correct, you may not
iec what is correct and incorrect for the work you have pleted so far. work you have done so far is correct, you may not have completed everything value: 10.00 points A bond has a par value of $1,000, a time to maturity of 20 years, and a coupon rate of 7.30% with interest paid annually. If the current market price is $730, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Capital gain 4.60
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