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One year ago, you purchased a 6 percent coupon bond with a face value of $1000 when it was selling for 101.2 percent of par.
One year ago, you purchased a 6 percent coupon bond with a face value of $1000 when it was selling for 101.2 percent of par. Today, you sold this bond for 99.8 percent of par. What is your total dollar return on this investment? If you do not show work, I WILL NOT RATE YOU
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Housing Policy And Finance
Authors: John Black, David Stafford
1st Edition
0415004195, 978-0415004190
