Suppose you purchase a $10-$year AAA$-$rated Swiss bond for par that is paying an annual coupon of $9$ percent and has a face value of $1,700$ Swiss francs $($SF$).$ The spot rate is U$.$S$.$ $$0\mathrm{.}66667$ for SF$1.$ At the end of the year, the bond is downgraded to AA and the yield increases to $11$ percent. In addition, the SF depreciates to U$.$S$.$ $$0\mathrm{.}74074$ for SF$1.$

a$.$ What is the loss or gain to a Swiss investor who holds this bond for a year?

b$.$ What is the loss or gain to a U$.$S$.$ investor who holds this bond for a year?

$($For all requirements, input the amount as a positive value. Do not round intermediate calculations. Round your answers to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16))$

$\backslash$table$[[$a$.,$Loss,to Swiss investor,$3\mathrm{.}52],[$b$.,$Gain,to US investor,$7\mathrm{.}20]]$