Question: Let's say John B gets him a $100 bond with a $10 annual coupon. The bond prices change of course, and he ends up selling
Let's say John B gets him a $100 bond with a $10 annual coupon. The bond prices change of course, and he ends up selling it to Kook for $75 after 3 years. John B's actual return is... gained $5 lost $5 gained $75 gained $105
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