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Business, 14.06.2020 01:57 idcbrooo

A customer buys 10M of $1,000 par corporate bonds in the secondary market. The purchase confirmation shows that the customer paid 90 + $150 of accrued interest. Six months later, the customer sells the bonds in the market at 91 + $50 of accrued interest. The capital gain or loss is:

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A customer buys 10M of $1,000 par corporate bonds in the secondary market. The purchase confirmation...

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