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You own a bond that has a face value of $ 1 , 0 0 0 , a coupon rate of 3 % , and
You own a bond that has a face value of $ a coupon rate of and matures in years. The current market price of the bond is $ You decide to sell the bond before it matures. What is the capital gain or loss you realize on the sale? What is your total return on the investment?
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