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A bond offers a coupon rate of 13%, paid annually, and has a maturity of 17...

A bond offers a coupon rate of 13%, paid annually, and has a maturity of 17 years. The current market yield is 13%. Face value is $1,000. If market conditions remain unchanged, what should be the Capital Gains Yield of the bond?

Enter your answer as a percentage, without the percentage sign ('%'), and rounded to 2 decimals. Use the minus sign ('-') if the yield is negative.

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Answer #1

C22 fx --PV(C20, C14,016,018) Annually: 12 COUPON RATE 13.00% 14 NPER 17 (years to maturity) 15 130 (face value x coupon rate

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