A $5000, 7% coupon, 20-year bond issued on January 21, 2006, was purchased on January 25, 2007, to yield 6.5% to maturity, and then sold on January 13, 2008, to yield 5.2% to maturity. What was the investor's capital gain or loss:
a) In dollars?
b) As a percentage of her original investment?

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The Answer of A $5000, 7% coupon, 20-year bond issued on January 21, 2006, was purchased on January 25, 2007, to yield 6.5% to maturity, and then sold on January 13, 2008, to yield 5.2% to maturity. What was the investor's capital gain or loss:
a) In dollars?
b) As a percentage of her original investment?

A $5000, 7% Coupon, 20-Year Bond Issued on January 21