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Check my work Gifford Holdings purchased a 20-year, $100,000 bond with a coupon rate of 3.85% payable semiannually. On the date of the purchase, the

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Check my work Gifford Holdings purchased a 20-year, $100,000 bond with a coupon rate of 3.85% payable semiannually. On the date of the purchase, the bond had 14 years remaining until maturity and the prevailing interest rate was 4.05% compounded semiannually. Gifford sold the bond 4 1/2 years later, when prevailing market rates had risen to 4.4% semiannually. What was the capital gain or loss on the bond investment? (Round your final answer to 2 decimal places.) Gifford Holdings suffered a capital (Click to select) of $ on the bond investment. (Click to select) gain loss

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