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Calculate the rate of capital gain / losson a 3 . 2 5 % coupon bond for which the interest rate has fallen from 1

Calculate the rate of capital gain/losson a 3.25% coupon bond for which the interest rate has fallen from 11% to 8.5%(i.e. the interest rate today is 11% and next year it will be 8.5%) there are 15 years to maturity and the bond has a face-value of $1,500. Please answer in the percent terms and round to 2 decimals.

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