One year ago you purchased a two-year bond at a discount, Ask an Expert

Economics

One year ago you purchased a two-year bond at a discount for $900. It has a par value of $1000 and one year left until maturity. You have one interest payment of $50 at maturity. If the interest rate is 5% per year, what would be the capital gain or loss?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91827968

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