1, Goodwynn & Wolf Incorporated (G&W) issued a bond 8 years ago. The bond had a 29-year maturity, a 9% coupon paid annually, a 6% call premium and was issued at par, $1,000. Today, G&W called the bonds. If the original investors had expected G&W to call the bonds in 8 years, what was the yield to call at the time the bonds were issued? Round your answer to two decimal places.

2, A 15-year, 14% semiannual coupon bond with a par value of $1,000 may be called in 4 years at a call price of $1,075. The bond sells for $1,050. (Assume that the bond has just been issued.)

1. What is the bond's yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places.

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1. What is the bond's current yield? Do not round intermediate calculations. Round your answer to two decimal places.

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1. What is the bond's capital gain or loss yield? Capital loss yield, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to two decimal places.

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1. What is the bond's yield to call? Do not round intermediate calculations. Round your answer to two decimal places.

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