I am trying to invest in bonds. I am new to bonds market. Let’s say I try to buy a few units of an already listed bond from stock exchange at market value. Let’s say 100 units of bonds have market value of Rs. 98,000. The date to maturity is 1 years 6 months 15 days from today (01/11/2024). The coupon rate is 9.5% and the YTM is 11%. How much profit in Rupees will I make on purchasing this bond?
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