(Solved): A bond offers a coupon rate of \( 9 \% \), paid annually, and has a maturity of 20 years. The curre ...

A bond offers a coupon rate of \( 9 \% \), paid annually, and has a maturity of 20 years. The current market yield is \( 9 \% \). Face value is \( \$ 1,000 \). If market conditions remain unchanged, what should be the Capital Gains Yield of the bond? Enter your answer as a percentage, rounded to two decimals, and withotit the percentage sign ('\%'). For example, if your answer is \( 0.123456 \), then it is equivalent to \( 12.35 \% \), so you should enter \( 12.35 \) as the answer. Use the minus sign (' \( '-') \) if the yield is negative.