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17) Bond yields One year ago Carson Industries issued a 10-year, 14% semiannual coupon bond at its par value of $1,000. Currently, the bond can

17) Bond yields One year ago Carson Industries issued a 10-year, 14% semiannual coupon bond at its par value of $1,000. Currently, the bond can be called in 6 years at a price of $1,070, and it now sells for $1,280.

What is the bond's nominal yield to maturity? Do not round intermediate calculations. %

What is the bond's nominal yield to call? Do not round intermediate calculations. %

18. number of OID bonds vs. coupon bonds at par Yield to call It is now January 1, 2016, and you are considering the purchase of an outstanding bond that was issued on January 1, 2014. It has a 7.5% annual coupon and had a 30-year original maturity. (It matures on December 31, 2043.) There is 5 years of call protection (until December 31, 2018), after which time it can be called at 109-that is, at 109% of par, or $1,090. Interest rates have declined since it was issued, and it is now selling at 119.575% of par, or $1,195.75.

What is the yield to maturity? Round your answer to two decimal places. %

What is the yield to call? Round your answer to two decimal places.

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