A 15-year maturity, 7.5% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. The bond currently sells at a yield to maturity of 6.00% (3.00% per half-year). a. What is the yield to call annually? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

b. What is the yield to call annually if the call price is only $1,050? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

c. What is the yield to call annually if the call price is $1,100, but the bond can be called in two years instead of five years? (Negative amounts should be shown with a minus sign. Do not round intermediate calculations. Round your answer to 3 decimal places.)

Yield to call % Yield to call % Yield to call %