The bond capital gains yield if sold next year

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Goatboy Corporation bonds are currently priced at $1,182.56 and have 25 years until maturity. The bonds have a 12% coupon rate and pay interest semiannually. The bonds also have a $1,000 par value and a yield to maturity of 10%. Assuming that the YTM stays the same, what would be the bond's capital gains yield if sold next year?

Reference no: EM131878445

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