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A $10,000, 6% bond redeemable at par with semi-annual coupons bought ten years before maturity to yield 5 % compounded semi-annually is sold five years

A $10,000, 6% bond redeemable at par with semi-annual coupons bought ten years before maturity to yield 5 % compounded semi-annually is sold five years before maturity at 96.25 . Find the gain or loss on the sale of the bond.

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