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A corporate bond pays interest twice a year and has 23 years to maturity, a face value of $1,000 and a coupon rate of 5.9%.

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A corporate bond pays interest twice a year and has 23 years to maturity, a face value of $1,000 and a coupon rate of 5.9%. The bond's current price is $1,437.21. It is callable starting 17 years from now (years to call) at a call price of $978. IB Attempt 1/6 for 10 pts. Part 1 What is the bond's (annualized) yield to maturity? 4+ decimals Submit IB Attempt 1/6 for 10 pts. Part 2 What is the bond's (annualized) yield to call? 4+ decimals Submit Attempt 1/2 for 10 pts. Part 3 If you buy the bond today and hold it as long as possible, which rate of return can you expect to earn? The yield to maturity (YTM) The yield to call (YTC)

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