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Suppose that you purchased a Ba rated $1000 annual coupon bond with an 10.0% coupon rate and a 14-year maturity at par value. The current

Suppose that you purchased a Ba rated $1000 annual coupon bond with an 10.0% coupon rate and a 14-year maturity at par value. The current rate on 14-year US treasuries is 3%. Two years later, you sell the bond, and for a yield of 5.860%, what was your capital gain (+) or capital loss (-) in dollars and cents? (make your answer positive for a gain, negative for a loss)

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