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15.3.B.1 Question Help A $8,000, 10% bond redeemable at par with semi-annual coupons bought twelve years before maturity to yield 8% compounded semi-annually is sold
15.3.B.1 Question Help A $8,000, 10% bond redeemable at par with semi-annual coupons bought twelve years before maturity to yield 8% compounded semi-annually is sold five years before maturity at 103.625. Find the gain or loss on the sale of the bond. Vis The (Rou swer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) gain loss
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