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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

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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 $855.49. The bond has a yield to maturity of 8%. IB Attempt 1/5 for 10 pts. Part 1 What is the current yield? 3+ decimals Submit 1 - Attempt 1/5 for 10 pts. Part 2 What is the expected capital gains yield for the coming year? 4+ decimals Submit

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