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12. Assume you just purchased a bond at a price of $900. The bond pays a 6.75% coupon annually and its time to maturity is

12. Assume you just purchased a bond at a price of $900. The bond pays a 6.75% coupon annually and its time to maturity is 18 years. Par value is $1,000. If you sell the bond 6 years from today for $954, what will be your capital gains yield?

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