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Suppose a U.S. investor buys a UK bond with a coupon rate of 8% at its price of 990 in the beginning of the year.
Suppose a U.S. investor buys a UK bond with a coupon rate of 8% at its price of 990 in the beginning of the year. The bonds face value is 1,000. If $ appreciates by 5% through the year, at what end ofyear selling price of this bond will the $ return on the bond just equal 10%?
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