Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a bond has 12 years until maturity and a coupon ra

A bond has 12 years until maturity and a coupon rate of 8.2% payable semi-annually;...

60.1K

Verified Solution

Question

Accounting

image
A bond has 12 years until maturity and a coupon rate of 8.2% payable semi-annually; and sells for $1,080. Face value of the bond is $1,000. What is the capital gain yield if you keep the bond for one year? You can assume the market rate is not changing. Multiple Choice 0.34% 0.15% 0.23% 0.23% 0.34%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

a ) The moment of inertia of a rigid body, of mass 40 kg, about an...

Mechanical Engineering
Q

11.You measure the weight of 37 turtles, and find they have a mean weight of 52...

Basic Math
Q

Which of the following is a primary source Newspaper article O Dictionary definition O Wikipedia...

Biology
Q

If in earlier days there were not any adv ance technology then how scientists w...

Physics
Q

Number Two: You have 3 piles of cash each containing $100. You have 6 other...

Basic Math
Q

Use the following matrix to perform the operation if possible If not possible enter IMPOSSIBLE...

Algebra
Q

Which of the following expressions are equivalent to 4+ (14 - 2)?Choose 3 answers:(A) 4-(-14-2)(B)...

Algebra
Q

8 points Write the equation for the function graphed below f x x 2 6x...

Algebra
Q

Brelon Enterprises Hand-In Problem \#1 REQUIRED: (a) Prepare the 4 required closing journal entries at...

Accounting
Q

Jumandia At What do you think was the main issue in this case? If you...

Accounting
Q

Mrs. Turner died this year at age 83. On the date of death, the FMV...

Accounting
Q

2. You have purchased $1 million of Naranja sovereign hard currency bonds with a 4%...

Finance