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You buy an 8 - year, 3 . 3 0 % annual - payment coupon bond priced to yield 5 . 3 0 % .

You buy an 8-year, 3.30% annual-payment coupon bond priced to yield 5.30%. You sell the bond at year-end, immediately after receiving the first coupon payment. Assuming the YTM stayed constant over the holding period, what are your capital gains from the sale of the bond?
A.-0.09
B.-0.02
C.0.02
D.0.09

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