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A 1 0 - year, 1 2 % semiannual coupon bond with a par value of $ 1 , 0 0 0 may be called

A 10-year, 12% semiannual coupon bond with a par value of $1,000 may be called in 4 years at a call price of $1,060. The bond sells for $1,100.(Assume that the bond has just been issued.) What is the bond's capital gain or loss yield? Capital loss yield, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to two decimal places.

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