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Consider change in price only, do not assume any accrued interest in either the purchase or the sale. Harvey Dent wants to sell the $43,000
Consider change in price only, do not assume any accrued interest in either the purchase or the sale. Harvey Dent wants to sell the $43,000 TriForcebonds he purchased 3 years ago at par value. The bonds have a 2.80% coupon, 9 years to maturity, and are trading at a 2.45% yield to maturity. If Harvey sells the bonds today, his proceeds from the sale would result in: a loss of $1,202.45. A. B. a gain of $1,208.96. a loss of $1,190.00
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