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1.A 6% annual coupon bond (par=$1,000) with 15 years to maturity is selling for $1,050. a.What...

1.A 6% annual coupon bond (par=$1,000) with 15 years to maturity is selling for $1,050.

a.What is the bond’s Yield-to-Maturity (YTM)?

b.What is the bond’s current yield (CY)?

c.What is the bond’s capital gains rate or yield (CGY)?

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