What is the bond yield to maturity

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Reference no: EM132779004

Question - A bond has a par value of $1,000, a time to maturity of 8 years, and a coupon rate of 8% with interest paid annually. If the current market price is $765,

a) What is the bond's yield to maturity?

b) What is its current yield?

c) What is its approximate capital gain yield of this bond over the next year?

Reference no: EM132779004

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