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Four years after the issue of a $10,000, 9.2% coupon, 20-year bond, the rate of return required in the bond market on long-term bonds
Four years after the issue of a $10,000, 9.2% coupon, 20-year bond, the rate of return required in the bond market on long-term bonds was 7.6% 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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