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Intro One year ago, Gangnam Inc. issued a 12-year, 6% semiannual coupon bond at its par value of $1,000. The bond can be called in

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Intro One year ago, Gangnam Inc. issued a 12-year, 6% semiannual coupon bond at its par value of $1,000. The bond can be called in 8 years at a price of $1,100 and it now sells for $736.74. The bond has a yield to maturity of 10% Attempt 1/1 for 10 pts. Part 1 What is the current yield? Bu decimals Submit

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