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Four years after the issue of a $10,000,9.9% coupon, 20 -year bond, the rate of return required in the bond market on long-term bonds was
Four years after the issue of a $10,000,9.9% coupon, 20 -year bond, the rate of return required in the bond market on long-term bonds was 8.2% compounded semiannually. b. What capital gain or loss (expressed in dollars) would the original owner have reallzed by selling the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Capital of $
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