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Suppose a coupon bond has a face value of $2000 and offers a coupon rate of 5%. If the bond has 5 years until maturity
Suppose a coupon bond has a face value of $2000 and offers a coupon rate of 5%. If the bond has 5 years until maturity and the yield to maturity was 7%, what would be the rate of capital gain on this bond?
A:-8.2%
B:+8.93*
C:-6.77%
D:+6.77%
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