What are the bond''s yield to maturity today

Reference no: EM131394073

One year ago, Henderson Honey issued a 10-year bond for $1,000. The bond's coupon rate of interest is 4 percent, and interest is paid annually. If the current value of the bond is $929, what are

(a) the current yield and capital gains yield Henderson's bondholders earned during the year and

(b) the bond's yield to maturity today.

Reference no: EM131394073

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