Question
willis purchased a 5 percent, $2,000 corporate bond when the asked quote was 101.16 and the bid quote was 101.15. he sold the bond when
willis purchased a 5 percent, $2,000 corporate bond when the asked quote was 101.16 and the bid quote was 101.15. he sold the bond when the asked quote was 101.08 and the bid quote was 101.06. what was his capital gain/loss?
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International Finance Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
10th edition
978-0133425895, 133425894, 978-0133423631, 133423638, 978-0133423648
