You purchased 25 corporate bonds for $985.00 each and held them for one year, at which point you sold the bonds for $965.30 each. During the year, you received interest payments of $79.80 per bond. Calculate the current yield, capital gains yield and total yield on the bonds for the year during which you owned them.

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The Answer of You purchased 25 corporate bonds for $985.00 each and held them for one year, at which point you sold the bonds for $965.30 each. During the year, you received interest payments of $79.80 per bond. Calculate the current yield, capital gains yield and total yield on the bonds for the year during which you owned them.

You Purchased 25 Corporate Bonds for $985