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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 $ bond redeemable at par with semiannual coupons bought nine years before maturity to yield compounded semiannually is sold three years before maturity at 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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