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Use the bond term's below to answer the question Maturity 5 years Coupon Rate 4% Face value $1,000 Annual Coupons Market Interest Rate 7% Assuming
Use the bond term's below to answer the question Maturity 5 years Coupon Rate 4% Face value $1,000 Annual Coupons Market Interest Rate 7% Assuming the market interest rate remains constant throughout the bond's life, what is percentage capital gains/loss between periods 0 and 1 ?
Group of answer choices
2.35%
2.56%
2.51%
2.44%
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