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Suppose that you purchased a Baa rated $1000 annual coupon bond with a 9.9 % coupon rate and a 7-year maturity at par value.

Suppose that you purchased a Baa rated $1000 annual coupon bond with a 9.9 % 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 9.222 %, what would your capital gain(+)/loss(-) be? (Enter dollars and cents.)

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