What is the current yield and capital gains yield of bond

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Orca Bay Industrial has a $1000 face value bond issue. The bond currently sells for $980.75 and there are 3 years remaining to maturity. The bond has an annual coupon rate of 6%.

A) What is the yield to maturity for this bond?

B) what is the current yield and the capital gains yield of the bond?

C) At the yield to maturity solved for in part (a), what is the duration of the bond? show work

E) what is the modified duration of the bond? show work.

Reference no: EM131850168

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