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8- Suppose that, as a fund manager, you purchase 5.000 bonds of Company X on 1 Jan. 2022 for 1.000TL each in order to earn

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8- Suppose that, as a fund manager, you purchase 5.000 bonds of Company X on 1 Jan. 2022 for 1.000TL each in order to earn coupon payments or sell when available. Simultaneously, you also purchase 4.000 bonds of Company Y for 750 TL each for trading purposes. The price of the bonds of Company X increases to 1.200TL first, but after some days it drops to 1.120TL and you immediately sell half of the bonds. On the other hand, the price of the bonds of Company Y drops to 700 TL first, but after some days it increases to 760TL and you immediately sell half of the bonds. Assuming that there are no more price movements throughout the year, what would be the profit or loss as of the year end? a) 300.000 TL profit b) 200.000TL loss c) 220.000 TL profit d) 120.000TL loss

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