Question: someone please explain each step please One year ago, Carson Industries issued a 10-year, $1,000 PAR coupon bond at its PAR value. This Bond's annual

someone please explain each step please
someone please explain each step please One year ago, Carson Industries issued

One year ago, Carson Industries issued a 10-year, $1,000 PAR coupon bond at its PAR value. This Bond's annual coupon rate is 13%. Coupons are paid 2 times in a year. The Bond is currently trading at $900. However, this bond can be called in 6 years from today at a price of $1065 What is the capital gains yield on this Bond for the coming year? Enter your answer in the following format: + or - 0.1234 Hint: Answer is between 0.0057 and 0.0068

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