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An investor buys a corporate bond at 120 with 10 years to maturity. If the investor sells the bond at 106 in 4 years, what
- An investor buys a corporate bond at 120 with 10 years to maturity. If the investor sells the bond at 106 in 4 years, what is the gain or loss?
- $60 gain
- $60 loss
- $90 gain
- $90 loss
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
