1. Curtis Corporation's noncallable bonds currently sell for $1,300. They have a 15-year maturity, an annual coupon of $109.00, and a par value of $1,000. What is their yield to maturity? (Round your answer to 2 decimal places.)

2. Meacham Enterprises' bonds currently sell for $1,400 and have a par value of $1,000. They pay a $130 annual coupon and have a 15-year maturity, but they can be called in 9 years at $1,130. What is their yield to call (YTC)? (Round your answer to 2 decimal places.)