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

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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%

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