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Four years after the issue of a $ 1 0 , 0 0 0 , 8 . 9 % coupon, 2 0 - year bond,

Four years after the issue of a $10,000,8.9% coupon, 20-year bond, the rate of return required in the bond market on long-term bonds was 7.2% compounded semiannually. b. What capital gain or loss (expressed in dollars) would the original owner have realized by selling the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Capital (Click to select) of $

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