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A 20-year maturity, 8.5% coupon bond paying coupons semiannually is callable in five years at a call price of $1,300. The bond currently sells at

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A 20-year maturity, 8.5% coupon bond paying coupons semiannually is callable in five years at a call price of $1,300. The bond currently sells at a yield to maturity of 7.00% (3.50% per half-year). 5. What is the yield to call annually? (Do not round Intermediate calculations. Round yo nswer to 3 decimal places.) Yield to call b. What is the yield to call annually if the call price is only $1,250? (Do not round Intermediate calculations. Round your answer to 3 decimal places.) Yield to call c. What is the yield to call annualy if the call price is $1,300, but the band 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.)

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