What is the capital gain percentage increase for the coming


David Bowie bonds pay their coupons from royalties generated by sales of David? Bowie's past recordings. The bonds have 12 years remaining to? maturity, pay annual coupons? (yesterday) of ?$80?, and have a face value of ?$1,000. The current price of the bonds is ?$704.12 to yield 13?%. What is the capital gain percentage increase for the coming year if the yield to maturity remains? constant?

The capital gain percentage increase for the coming year is _______%. ?(Round to two decimal? places.)

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Financial Management: What is the capital gain percentage increase for the coming
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