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amy purchased a six-year, 8 percent coupon bond. The face value of the bond is $1,000 and the coupon is paid semi-annually. The bond is
amy purchased a six-year, 8 percent coupon bond. The face value of the bond is $1,000 and the coupon is paid semi-annually. The bond is currently trading at 9 percent yield. If interest rates rise to 10 percent within the next year and Amy's investment horizon is five years from today, what would be the amount of interest Amy have earned over 5 years time?
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