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American Siesta Inc. (ASI) bonds have a coupon rate of 8% and pay coupons semiannually. The bonds have 10 years remaining to maturity and

 

American Siesta Inc. (ASI) bonds have a coupon rate of 8% and pay coupons semiannually. The bonds have 10 years remaining to maturity and are selling for $875.38. What is the capital gain yield of the ASI bond?

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