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A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. The bond currently sells at

A 30-year maturity, 8% 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 7% (3.5% per half-year).

Required:
(a)

What is the yield to call? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Yield to call %

(b)

What is the yield to call if the call price is only $1,050? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Yield to call %

(c)

What is the yield to call if the call price is $1,100, but the bond can be called in two years instead of five years? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Yield to call %

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