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a bond has a par value of 1000 a time to maturity of 20 years, and the rate of 7.40% with interest paid annually. If
a bond has a par value of 1000 a time to maturity of 20 years, and the rate of 7.40% with interest paid annually. If the current market price is $740, what will be the approximate capital gain of the bond over the next year it its yield to maturity remains unchanged
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Financial and Managerial Accounting
Authors: John J Wild, Ken W. Shaw
8th edition
1260247856, 978-1260247855
