Yield to maturity remains unchanged

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A bond has a par value or $1,000, a time to maturity of 10 years, and a coupon rate or 8 10% with interest paid annually. If the current market price is $810, what win be the approximate capital gain or this bond over the next year it its yield to maturity remains unchanged? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Capital gain $

Reference no: EM131537112

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