Business, 22.11.2019 01:31, EinsteinBro

Abond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8.60% with interest paid annually. if the current market price is $860, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged? (do not round intermediate calculations. round your answer to 2 decimal places.) capital gain

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Abond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8.60% with int...