Question: Question 6 (5 points) Four and a half years ago, Glenda purchased a $1,000 face value bond in a Province of New Brunswick issue carrying

Question 6 (5 points) Four and a half years ago, Glenda purchased a $1,000 face value bond in a Province of New Brunswick issue carrying an 8.5% coupon. The bonds had 18 years to maturity and were priced to yield 9.8% (compounded semi-annually). Today, the bond market requires a yield-to-maturity on the bonds of 8.0% compounded semi-annually. If Glenda sells the bonds today, what will be the dollar amount of her capital gain or loss? (2 decimals) Format BIU- 30

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