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A 8 % , 2 0 - year bond has a par value of $ 1 , 0 0 0 and is currently selling for

A 8%,20-year bond has a par value of $1,000 and is currently selling for $1,125. What is the current yield? What
is the Yield to Maturity (YTM)?
The bond in problem 1 is callable in 5 years at $1,050. What is the Yield to Call (YTC)?
A 9%,10-year bond has a par value of $1,000 and market price of $925. What is its current yield and YTM?
If the bond in problem 3 is callable in 5 years at $1,030, what is the YTC?
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