You purchased 25 corporate bonds for $985.00 each and held them for one year, at which point you sold the bonds for $965.30 each. During the year you received interest payments of $79.80 per bond. Calculate the capital gains yield on the bonds for the year during which you owned them. Report the percentage to 2 decimal places (13.358% = 13.36).

Answer rating: 100% (QA)

To calculate the capital gains yield we need to use the formula Capital gains yield ending price ... View the full answer