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A bond portfolio manager invested in a $100,000 parcel of the 8.00% 15 July 2030 Treasury bond on 15 January 2018 when the market yield

A bond portfolio manager invested in a $100,000 parcel of the 8.00% 15 July 2030 Treasury bond on 15 January 2018 when the market yield was 8.20% and sold the bonds on 15 July 2022 at 7.80%. Coupons w...

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