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An investor buys a corporate bond at 90 with 10 years to maturity. If the investor sells the bond at 97 in 6 years, what

An investor buys a corporate bond at 90 with 10 years to maturity. If the investor sells the bond at 97 in 6 years, what is the gain or loss?

$10 gain

$40 loss

$40 gain

$10 loss

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