Question: Please show steps and formulas on how you solved the equation. Thanks 25. Assume you can buy a pure discount bond today at a price
Please show steps and formulas on how you solved the equation. Thanks
25. Assume you can buy a pure discount bond today at a price of $735. The bond matures in 5 years.
What would be the percentage of capital gain over the life of the bond?
Make sure your answer is rounded as a percentage
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