Sample midterm

yield to maturity=from calculator=1 1.75%. capital gain yield= yield to maturity-current yield=0.64%. 15. If an investor purchases a bond when its current yield is higher than the coupon rate, then the bond's price will be expected to: ... nominal interest rate. yield to maturity. default premium. 8. What is the current yield of a bond with a 6 ... ................
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