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Given the information below, calculate the capital gains yield for this bond. 6% coupon bonds that pay interest semi-annually that are currently priced at $1,000

Given the information below, calculate the capital gains yield for this bond.

6% coupon bonds that pay interest semi-annually that are currently priced at $1,000 with a face of $1,000

Round to 2 decimal places, omit the % sign from your answer Ex. 6.12

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