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Q4. You bought a bond with a face value of 1,000 4 years ago. Yield to maturity is 6%. Bond matured today and you realized
Q4. You bought a bond with a face value of 1,000 4 years ago. Yield to maturity is 6%. Bond matured today and you realized a capital gain of 43.41. The bond paid annual coupons, what was the original coupon rate?
As a note, ill need to calculate this just using a financial calculator, Thanks
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