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One year ago, Gangnam Inc. issued a 1 2 - year, 6 % semiannual coupon bond at its par value of $ 1 , 0
One year ago, Gangnam Inc. issued a year, semiannual coupon bond at its par value of $ The bond can be called in years at a price of $ and it now sells for $ The bond has a yield to maturity of
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What is the current yield?
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What is the expected capital gains yield for the coming year?
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