Question: need workings to be shown please QUESTION 3 Derive the net or after return of two equivalent one-year bonds both with a gross 5% Yield

need workings to be shown please

QUESTION 3 Derive the net or after return of two equivalent one-year bonds both with a gross 5% Yield to Maturity (YTM), or total return, trading at a price of 96.00 and 104.00 respectively given that Capital Gains Tax (CGT) is 33% and Income Tax is 40%. (212.5 marks =25 marks)

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