A $10,000, 14% coupon, 25-year bond issued on June 15, 1984, was purchased on March 20, 1987, to yield 9% to maturity, and then sold on April 20, 1990, to yield 11.5% to maturity. What was the investor's capital gain or loss:
a) In dollars?
b) As a percentage of his original investment?

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The Answer of A $10,000, 14% coupon, 25-year bond issued on June 15, 1984, was purchased on March 20, 1987, to yield 9% to maturity, and then sold on April 20, 1990, to yield 11.5% to maturity. What was the investor's capital gain or loss:
a) In dollars?
b) As a percentage of his original investment?

A $10,000, 14% Coupon, 25-Year Bond Issued on June 15