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A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 11% 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 11% semiannual coupon, are callable in 5 years at $1,177, and currently sell at a price of $1,316.67.
- What is their nominal yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. %
- What is their nominal yield to call? Do not round intermediate calculations. Round your answer to two decimal places.
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