T18

New Social Inc.'s bonds currently sell for $1,347. They have a 30 -year maturity, an annual coupon of 8.95%, payable semi-annually, and a par value of $1,000. What is their capital gains yield? \begin{tabular}{l} 0.1065% \\ \hline 0.1065% \\ \hline 0.2131% \\ \hline 0.2963% \\ \hline 0.2963% \end{tabular}