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Assume a shareholder buys an 8%, semi-annual, 10-year bond for $1,000. He sells it two years later after market interest rates have gone down to
Assume a shareholder buys an 8%, semi-annual, 10-year bond for $1,000. He sells it two years later after market interest rates have gone down to 6 percent. The shareholders capital gain is closest to:
Question 13 options:
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a) | $41. |
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b) | $124. |
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c) | $126. |
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d) | $149. |
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