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A bond has coupon rate of 7%, YTM of 4%, face value of $1000, and matures in 4 years. Find bond value, current yield, and capital gains yield each year for this bond (you may copy and paste a table from Excel if you like). Describe what is happening to this bond's value, current yield, and capital gains yield over time and why this bond behaves this way.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92827279

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