Question: ( Continuing from Question 1 7 ) Suppose right after you purchase the bond in the problem 3 , the YTM for this bond increases

(Continuing from Question 17) Suppose right after you purchase the bond in the problem 3, the YTM for this bond increases to a number greater than 7%. The bond price will trade
gain or a loss on the bond you purchased?
Will you receive a
A. at a premium; loss
B. at a discount; gain
C. at a discount; loss
D. at a premium; gain
(Continuing from Question 17) Suppose right after you purchase the bond

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