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A $100,000 State of Massachsetts bond, 3.5% coupon (paid annually), due 5/11/2032 is quoted at a yield of 4%. If you buy it Now and
A $100,000 State of Massachsetts bond, 3.5% coupon (paid annually), due 5/11/2032 is quoted at a yield of 4%.
If you buy it Now and sell it 5 years from now when it's yielding 4.5%, what will be your profit or loss in Dollars (ignore the interest payments)
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