Basic question on Bonds

Bonds
1

I have basic question:

If I buy a bond,let say which has face value rs 1000, coupon rate at 10% at the current price of Rs 1200 with YTM 5% for 10 years.

As expected if I sell it at maturity I am supposed to get an effective yield of 5% but what will happen if I sell it after 5 years at a premium price at Rs1500 instead keeping till end.

Will my profit be 10% yearly interest as coupon rate+ (sell-buy price )? or any adjustment will happen here?

2

@Bhuvan can you.

3

You’ll keep whatever coupons you have received + the price appreciation. Buy - sell will be your profit or capital appreciation.

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