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Suppose you purchase a 8 year rated Swiss bond for par that is paying an annual coupon of 5 percent. The band has a face

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Suppose you purchase a 8 year rated Swiss bond for par that is paying an annual coupon of 5 percent. The band has a face value of 1000 fans. The tipete time of purchase is SF1.6051. At the end of the year, the bond is downgraded to AA and the yield increases to 8 percent. In addition the SF appreciates to SL What is the loss or gain to an Australian investor who holds this band for a year DA 6.65 O.10.02 OC 9.624 OD 5935

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