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Question 3 (9 points) Suppose a corporate bond had a maturity or face value of $1,000 (so FV $1,000) and the bond has a 6

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Question 3 (9 points) Suppose a corporate bond had a maturity or face value of $1,000 (so FV $1,000) and the bond has a 6 percent coupon rate. The current selling price of the bond is $940 (therefore, P2021 - $940). If you were to purchase this bond what would be your annual coupon payment in dollars, C? Also, if you were to buy the bond today at its current price and then sell it one year later at a price of $1,050 ((therefore, P2022 - $1,050). what would be your one-year rate of return (R) in percent terms? Finally, what would be your one-year capital gain (g) in percent terms? Please round your answer to the second decimal place in percent terms when you find both Rand g above. Annual Coupon Payment (C) in $ - One-Year Rate of Return, R (in %) = One-Year Capital Gain, g (in %) =

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