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A 20-year maturity, 7% coupon bond paying coupons semiannually is callable in five years at a call price of $1,050. The bond curr sells at

image text in transcribed A 20-year maturity, 7% coupon bond paying coupons semiannually is callable in five years at a call price of $1,050. The bond curr sells at a yield to maturity of 6.00% (3.00\% per half-year). Required: a. What is the yield to call annually? b. What is the yield to call annually if the call price is only $1,000 ? c. What is the yield to call annually if the call price is $1,050, but the bond can be called in two years instead of five years? Complete this question by entering your answers in the tabs below. What is the yield to call annually? Note: Do not round intermediate calculations. Round your answer to 3 decimal places

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