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 $$793\mathrm{.}23.$ The bond has a yield to maturity of $9\%.$

Attempt $1/3$ for $4$ pts$.$

Part$1$

What is the current yield?

Submit

Attempt $1/3$ for $4$ pts$.$

Part$2$

What is the expected capital gains yield for the coming year?