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A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 5 years at
A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 5 years at $1,059, and currently, sell at a price of $1,113.72
What is their nominal yield to maturity (YTM)? (Round the answer to the second decimal places)
What is their nominal yield-to-call? (Round the answer to the second decimal places)
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