Question: How much profit or loss would you make purchasing a 3% coupon $15.475m face value bond on 16 February 2021 which matures on 2 September
How much profit or loss would you make purchasing a 3% coupon $15.475m face value bond on 16 February 2021 which matures on 2 September 2037 at a yield of 3.65% and selling it 13 days later at a yield of 3.625%?
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