Question: please I am trying to understand and u will upvote Meade Corporation bonds mature in 20 years and have a yield to maturity of 8.4

please I am trying to understand and u will upvote Meade

please I am trying to understand and u will upvote

Meade Corporation bonds mature in 20 years and have a yield to maturity of 8.4 percent. The par value of the bonds is $1,000. The bonds have a 14.8 percent coupon rate and pay interest on a semiannual basis. What are the current yield and capital gains yield on the bonds for this year? (Assume that interest rates do not change over the course of the year.) CY=8.96%;CGY=0.56%CY=9.06%;CGY=0.66%CY=8.86%;CGY=0.46%CY=8.76%;CGY=0.36%CY=9.16%;CGY=0.76%

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