mariam81721 mariam81721

22-02-2024
Business

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SMN Inc.'s bonds currently sell for $884. They have a 13-year maturity, an annual coupon of 8.30%, and a par value of $1,000. What is their capital gains yield?
a. 13.40%
b. 9.40%
c. 4.60%
d. 10.60%

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