A bond has a par value of [tex]\$ 1,000[/tex], a time to maturity of 10 years, and a coupon rate of [tex]8 \%[/tex] with interest paid annually. If the current market price is [tex]\$ 800[/tex], 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.)



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