You buy a 30-year bond with 7% annual coupons when the market interest rate (YTM)...
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You buy a 30-year bond with 7% annual coupons when the market interest rate (YTM) is 8%. One year later, the market interest rate on similar investments is 7.5%. What is your capital gains yield? O 6.1% O 5.9% O 6.6% O 5.2%
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