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Suppose that on January 1 , 2 0 2 2 you purchased a coupon bond with the following characteristics: Face value = $ 1 0

Suppose that on January 1,2022 you purchased a coupon bond with the following characteristics:
Face value = $1000
Coupon rate =8.375%
Current yield =7.5%
Maturity date =2024
If the bond is selling for $850 on January 1,2023, calculate the:
a) coupon payment
b) purchase price c)
capital gain or loss
d) rate of return

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