Ibms outstanding annual coupon bonds mature in 20 years


IBM's outstanding annual coupon bonds mature in 20 years. Their yield to maturity is 8.5% and their current market price is $955.90. What is the bond's annual coupon rate?

A bond has 6 years to maturity, a 9.1% annual coupon, and sells for $1,044. What is its capital gains yield?

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Financial Management: Ibms outstanding annual coupon bonds mature in 20 years
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