Assume a shareholder buys an 8%, semi-annual, 10-year bond for $1,000. He sells it two years later after market interest

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answerhappygod
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Assume a shareholder buys an 8%, semi-annual, 10-year bond for $1,000. He sells it two years later after market interest

Post by answerhappygod »

Assume a shareholder buys an 8%, semi-annual, 10-year bond for
$1,000. He sells it two years later after market interest rates
have gone down to 6 percent. The shareholder’s capital gain is
closest to:
Question 13 options:
a)
b)
c)
d)
$149.
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