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 5.7%. The bond's current price is $1,404.82. It is callable starting 17 years from now (years to call) at a call price of $1,024.

part 1: What is the bond's (annualized) yield to maturity?

part 2: What is the bond's (annualized) yield to call?

part 3: If you buy the bond today and hold it as long as possible, which rate of return can you expect to earn? YTM OR YTC?