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supposed to White team is 5% for 20 year $1,000 bond with a 7% coupon rate and annual coupon payments. immediately after you purchase them
supposed to White team is 5% for 20 year $1,000 bond with a 7% coupon rate and annual coupon payments. immediately after you purchase them on the ytms for similar bonds increase 8%. the bond price will trade blank period you will receive a gain or loss on the bond you purchased?
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