Question: Please answer asap!! What is the capital gain (as a percentage of the price paid) on a coupon bond with face-value $350, coupon rate equal
Please answer asap!!
What is the capital gain (as a percentage of the price paid) on a coupon bond with face-value $350, coupon rate equal to 4%, and a time-horizon of 4 years sold after two years when interest rates are 1% if the investor paid $$350 to purchase the bond? Please round your answer to two decimal places and enter it into the blank space.
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