An investor issued (lent out money) a 10-year bond that pays interest semiannually with a 6% coupon and a 8% quoted yield to maturity two years from now and purchased (borrowed money) a 20-year bond that pays interest semiannually with a 5% coupon and a 7% quoted yield to maturity one year from now. Prices of securities are quoted assuming no arbitrage, and hence the present value of all future cash flows for the securities are equivalent to their corresponding prices. Both bonds have a par value (face value) of $1,000. Due to personal finances, the investor plans to close out the position on those two bonds. In other words, the investor decides to sell the 10-year bond in the market and negotiate with the issuer to pay off the 20-year bond. The issuer of the 20-year bond agrees to allow the investor to pay off the bond now using the market price, which, once again, is equivalent to the present value of all future cash flows. Would the investor incur a profit or a loss after executing this strategy? What is the monetary value of the investor's profit or loss? o Profit of $76.31 Loss of $76.31 o Profit of $47.44 o Loss of $47.44