A bond has a face value of 1,100 and a 10% coupon rate, its current...
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Accounting
A bond has a face value of 1,100 and a 10% coupon rate, its current price is $1,040, and its expected to increase to $1,060 next year. 1.) The current yield is? 2.) The expected rate of capital gain? 3.) The expected rate of return is? (Enter your response rounded to one decimal place)
1.) The current yield is?
2.) The expected rate of capital gain?
3.) The expected rate of return is?
(Enter your response rounded to one decimal place)
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