Question: 5. A $100 par value bond maturing in n years with 5% annual coupons is sold at $103.3. Another bond with an annual coupon rate

5. A $100 par value bond maturing in n years with

5. A $100 par value bond maturing in n years with 5% annual coupons is sold at $103.3. Another bond with an annual coupon rate of 3% but otherwise the same is sold at $90.1. Both bonds are redeemable at par. Find the write-up/write-down of the book value for the second bond during the 5th year

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