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A corporate bond pays interest twice a year and has 16 years to maturity, a face value of $1,000 and a coupon rate of 6%.

A corporate bond pays interest twice a year and has 16 years to maturity, a face value of $1,000 and a coupon rate of 6%. The bond's current price is $1,379.01. It is callable starting 10 years from now (years to call) at a call price of $1,105.

1.) What is the bond's yield to maturity? Enter your answer as a decimal.

2.) What is the bond's yield to call? Enter your answer as a decimal.

3.) If you buy the bond today and interest rates do not change in the future, which rate of return can you expect to earn?

a.) The yield to call (YTC) or b.) The yield to maturity (YTM)

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