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A $1,000 Par, Disney bond will mature in 10 years. It has a 8% Coupon (paid semi-annually). Assume you bought the the bond today when

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A $1,000 Par, Disney bond will mature in 10 years. It has a 8% Coupon (paid semi-annually). Assume you bought the the bond today when the Discount Rate (DR) is 7%. If you sell the bond 2 years from now when the DR is 8%, what is your profit or loss? All cash flows occur at the end of each period. We've done this before (Tuesday's class) Think about the inputs to your TVM Calculator. Does your answer look correct, or is it a wild thing

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