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One year ago, you purchased a 6-year, 7% coupon bond at a YTM of 13%. Today (one year later) you sold the bond at a
One year ago, you purchased a 6-year, 7% coupon bond at a YTM of 13%. Today (one year later) you sold the bond at a YTM of 8%. What was your percentage capital gain on this investment? Input your answer in decimals, not percent. Answer to 4 decimal places, for example 0.1234.
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