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please do not use excel to solve it and please solve the whole qustion, and provide an answer 5. A bond has a par value

please do not use excel to solve it and please solve the whole qustion, and provide an answer image text in transcribed
5. A bond has a par value of $1,000, a time to maturity of 10 years, and a coupon rate of 8.40% with interest paid annually. If the current market price is $840, what will be the approximate capital gain of this bond over the next year if its yield to maturity remains unchanged

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