What is the gain or loss on investment, Financial Accounting

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What is the gain or loss on investment

Response to the following problem:

Suppose three years ago you bought an ABC Company bond that pays 6% per year (paid semiannually) and it has three years to maturity at its par value of $1,000.

a. If you sell the bond when it is priced to yield 8%, what is your gain or loss on this investment?

b. If you sell the bond when it is priced to yield 4%, what is your gain or loss on this investment?

c. If you sell the bond when it is priced to yield 10%, what is your gain or loss on this investment?

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Financial Accounting: What is the gain or loss on investment

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Financial Accounting: What is the gain or loss on investment

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