Question: A $ 9 , 0 0 0 , 1 0 % bond redeemable at par with semi - annual coupons bought nine years before maturity

A $9,000,10% bond redeemable at par with semi-annual coupons bought nine years before maturity to yield 9% compounded semi-annually is sold four years before maturity at 99.25. Find the gain or loss on the sale of the bond.
The loss is $ ,
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
A $ 9 , 0 0 0 , 1 0 % bond redeemable at par with

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