(Continuing from problem 6) Suppose right after you buy the bond, the market based YTM immediately decreases to 7%. Calculate the gain or loss on your bond. If you have a gain of $100, then just input 100. If you have a loss of $100, then input -100 to indicate a loss. Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, and round to the nearest integer. E.g., if your answer is $1,001.56, should type ONLY the number 1002.

(Cantinuing from problem 6) Suppose right after you buy the bond, the market based YTM immediately decreases to 7%, Calculate the gain or loss on your bond If you have a gain of $100, then just input 100 . If you have a loss of $100, then input -100 to indicate a loss. Instruction: Type ONLY your numerical answer in the unit of dollans, NO \$ sign, and round to the nearest integer, E.9., if your answer is $1,001.56, should type ONLY the number 100 Consider a ten-year, $1000 bond with an 6% coupon rate and annual coupons is trading with a YTM of 8%. Its bond price is $ Instruction: Type ONLY your numerical answer in the unit of dollars, NO \$ sign, and round to one decimal places. E.9., if your answer is $1,001.56, should typ 1002. Otherwise, Blackboard will treat it as a wrong