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Supppose you invested in a twenty-year zero-couppon bond with a face value of $1000. The bond originally cost $675. Supppose that today (four years later)
Supppose you invested in a twenty-year zero-couppon bond with a face value of $1000. The bond originally cost $675. Supppose that today (four years later) compparable bonds are yielding 3%, if you sold the bond today, would you have a capital gain or losss?
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