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Some years ago, you bought a 5% annual coupon bond with a face value of1,000 that had a YTM of 6% and 10 years left
- Some years ago, you bought a 5% annual coupon bond with a face value of1,000 that had a YTM of 6% and 10 years left until maturity at that time. Suddenly you are forced to sell the bond today at the market price of908. What is your capital gain/loss?
On excel!
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
