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A $ 8 , 0 0 0 , 7 % bond redeemable at par with semi - annual coupons bought nine years before maturity to

A $8,000,7% bond redeemable at par with semi-annual coupons bought nine years before maturity to yield 6% compounded semi-annually is sold three years before maturity at 93.625. Find the gain or loss on the sale of the bond.
The is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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