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Suppose that you purchased a Baa rated $ 1 0 0 0 annual coupon bond with a 5 % coupon rate and a 7 -

Suppose that you purchased a Baa rated $1000 annual coupon bond with a 5% coupon rate and a 7-year maturity at par value. If you sold the bond two years later, and the yield on comparable debt is 7.666%, what would your capital gain(+)/loss(-) be?(Enter dollars and cents.)

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