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Four year after issue of a $10000, 8.2% coupon, 20 year bond, the rate of return in the bond market on long term bond was
Four year after issue of a $10000, 8.2% coupon, 20 year bond, the rate of return in the bond market on long term bond was 6.6% compounded semiannually. What a capital gain or loss would the original owner has realisedbt selling bond.
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