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QUESTION
Total Return = YTM = Current Yield + Cap. Gain Yield Ex: A bondquot;s current price is $1,100. The bond has a coupon rate of 8% and matures in 11
Total Return = YTM = Current Yield + Cap. Gain Yield Ex: A bond"s current price is $1,100. The bond has a coupon rate of 8% and matures in 11 years. What is its capital gain yield?
