Find the capital gains yield for a 10-year, 9% annual coupon bond that sells for $887, and has a face value of $1,000. Assume the yield of maturity is 10.91%. (pick the closest) 0.76% 1.76% 10.15% 10.76% 12.76%

Find the capital gains yield for a 10-year, 9% annual coupon bond that sells for $887, and has a face value of $1,000. Assume the yield of maturity is 10.91%. (pick the closest) 0.76% 1.76% 10.15% 10.76% 12.76%

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Find the capital gains yield for a 10-year, 9% annual coupon bond that sells for $887, and has a face value of
$1,000. Assume the yield of maturity is 10.91%. (pick the closest)
0.76%
1.76%
10.15%
10.76%
12.76%

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