Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 6.3%. The face value of the bonds is $1,000. The price of the bonds is $1,049.57 to yield 5.43%. What is the capital gain yield on the​ bonds? The capital gain yield​ is:  ​(Select the best choice​ below.) A. +0.61% B. −0.57% C. +0.62% D. −0.63%

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Wee Beastie Animal Farm bonds have 7 years to maturity and pay an annual coupon at the rate of 6.3%. The face value of the bonds is $1,000. The price of the bonds is $1,049.57 to yield 5.43%. What is the capital gain yield on the​ bonds?

The capital gain yield​ is:  ​(Select the best choice​ below.)

A.

+0.61%

B.

−0.57%

C.

+0.62%

D.

−0.63%

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