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7 . a . Regal Health Plans issued a 1 2 percent annual coupon bond a few years ago. The bond now sells for $

7.a. Regal Health Plans issued a 12 percent annual coupon bond a few years ago. The bond now sells for $1,250. The bond has a call provision that allows Regal to call the bond in four years at a call 'price of $1,060. The par value of the bond is $1000. What is the bond's yield to maturity? Assume the bond is held to maturity 10 years from now.
Type your answer as a percentage. Round to two decimal places.
7.b. Given the information in the previous question, what is the bond's yield to call? Assume the bond is held to the call date 4 years from now.
Type your answer as a percentage. Round to two decimal places.

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