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The Eurythmics Sweet Dreams Co. issued a 21-year 3.65% coupon bond 8 years ago when the YTM was 16.25%. Now the bond is selling at

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The Eurythmics Sweet Dreams Co. issued a 21-year 3.65% coupon bond 8 years ago when the YTM was 16.25%. Now the bond is selling at YTM of 8.94%. If an investor bought the bond at issuance and sold the bond today, what would the gain (loss) be on the price alone (ignore income from coupons)? $843.00 $598 $405.10 $344.33 $489.35

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