Question: Moving to another question will save this response. estion 16 You are about to purchase a TAMCO 11 year bond that has a $2.000 par

 Moving to another question will save this response. estion 16 You

Moving to another question will save this response. estion 16 You are about to purchase a TAMCO 11 year bond that has a $2.000 par value and 6,5% annual coupon. The bond currently sells for $1.870. What is the expected capital gains yield on the bond? Round your answer to two (2) decimal places (for example: 4.10)

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