Question: Please explain by showing inputs in Financial Calculator. 24. A bond has a par value of $1,000, a time to maturity of 10 years, and

Please explain by showing inputs in Financial Calculator. 24. A bond

Please explain by showing inputs in Financial Calculator.

24. A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8% with interest paid annually. If the current market price is $850, what is the capital gain yield of this bond over the next year? A. 6.00% B. 1.08% C. 1.96% D. 1.53%

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