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A $5,000 annual coupon bond with an 5.8% coupon rate and a 7-year maturity at par value. The current rate on 7-year US treasuries is
A $5,000 annual coupon bond with an 5.8% coupon rate and a 7-year maturity at par value. The current rate on 7-year US treasuries is 3%. Two years later, you sell the bond, and for a yield of 7.328%, what was your capital gain (+) or capital loss (-) in dollars and cents?
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