What are the expected current and capital gains yields

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Reference no: EM13921937

Hooper Printing Inc. has bonds outstanding with 14 years left to maturity. The bonds have an 9% annual coupon rate and were issued 1 year ago at their par value $1000. However, due to changes in interest rates, the bond's market price has fallen $1200. For the coming year, what are the expected current and capital gains yields?

Reference no: EM13921937

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