A 1000 par value bond has 25 years to maturity a 4 annual


A $1,000 par value bond has 25 years to maturity, a 4% annual coupon, and sells for $1,025. What is the capital gains yield? A. -0.30% B. 0.00% C. 0.06% D. 0.06% E. 0.54%

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Financial Management: A 1000 par value bond has 25 years to maturity a 4 annual
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