Question: You bought a bond for $ 8 3 5 with a face value of $ 9 5 0 and a coupon payment of 1 4

You bought a bond for $835 with a face value of $950 and a coupon payment of 14%. If you sell the bond next year for $1,175, how much larger is your rate of capital gains relative to your current yield? (Answer in percent terms and round to 2 decimals. e.g. if your answer is 12.34% andswer 12.34)

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