Ezzell enterprises noncallable bonds currently sell for


Question: Ezzell Enterprises' noncallable bonds currently sell for $1,196.25. They have a 5-year maturity, semi-annual coupon rate of 12.00%, and a par value of $1000. What is the bond's capital gain or loss yield? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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