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) = ( 1 0 ' You have just purchased an outstanding 5 - year bond with a par value of $ 1 , 0

)=(10' You have just purchased an outstanding 5-year bond with a par value of $1,000 for $1023. Its annual coupon rate is 3.2%. The bond's annual coupon payment is 32,000, the yield to maturity (YTM) is 2.70%. If the bond is called after 3 years at a price of 1032, the yield to call (YTC) is 3.41%(for YTM and YTC.(Please keep two decimal places and include % in your answer).
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