What did joe pay for the bond what did he sell the bond for


Joe purchases a bond with a 3.5% coupon when it has a current yield of 2.8%. He holds the bond for several months and then sells it when the current yield is 3.1%. What did Joe pay for the bond, what did he sell the bond for and what was his gain or loss?

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Financial Management: What did joe pay for the bond what did he sell the bond for
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