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Four years after the issue of a $10,000,9.5% coupon, 20 -year bond, the rate of return required in the bond market on long-term bonds was

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Four years after the issue of a $10,000,9.5% coupon, 20 -year bond, the rate of return required in the bond market on long-term bonds was 7.8% compounded semiannually. What capital gain or loss (expressed in dollars) would the original owner have realized by selling the bond? (Round your answer to 2 decimal places.)

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