Ten $10,000, 9.5% bonds with semi-annually coupons redeemable at par on March 05, 2016, were bought on May 22, 2005, to yield 7.3% compounded semi-annually. The bonds were sold on September 20, 2010,...

Extracted text: Ten $10,000, 9.5% bonds with semi-annually coupons redeemable at par on March 05, 2016, were bought on May 22, 2005, to yield 7.3% compounded semi-annually. The bonds were sold on September 20, 2010, at 101.2. Find the gain or loss on the sale of the bonds without constructing a bond schedule.