You bought a 2-year maturity, zero-coupon bond 4 months ago when the bonds market yield was 9% p.a. compounded semi-annually. What is the gain or loss if you sell the bond today and the current market yield of the bond decreases to 8% p.a.? Assume a face value of $1000.

	a.	A loss of $38.89
	b.	A gain of $38.89
	c.	A loss of $51.23
	d.	A gain of $51.23