An investor buys a bond for $10,000. The bond pays $300 interest every 6 months. After 18 months, the investor sells the bond for $9,500. Describe the types of income and/or loss the investor had?
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Home » Business » An investor buys a bond for $10,000. The bond pays $300 interest every 6 months. After 18 months, the investor sells the bond for $9,500. Describe the types of income and/or loss the investor had?