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QUESTION
Ezzell Enterprises' noncallable bonds currently sell for $1,182. They have a 5-year maturity, semi-annual coupon rate of 12.00%, and a par value of...
Ezzell Enterprises' noncallable bonds currently sell for $1,182.00. They have a 5-year maturity, semi-annual coupon rate of 12.00%, and a par value of $1000. What is the bond's capital gain or loss yield?
