A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 8%
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Question:
A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 6 years at $1,055,54 , and currently sell at a price of $1,106.92 What are their nominal yield to maturity and their nominal yield to callDo not round intermediate calculations. Round your answers to two decimal places.
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