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Suppose that you purchased a Ba rated $ 1 0 0 0 annual coupon bond with an 8 . 9 % coupon rate and a

Suppose that you purchased a Ba rated $1000 annual coupon bond with an 8.9% coupon rate and a 20-year maturity at par value. The current rate on 20-year US treasuries is 3%. Two years later, you sell the bond, and for a yield of 9.847%, what was your capital gain (+) or capital loss (-) in dollars and cents? (make your answer positive for a gain, negative for a loss) Please answer in 4 decimal form
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