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A firm's bonds have a maturity of 8 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 4 years at
A firm's bonds have a maturity of 8 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 4 years at $1,148, and currently sell at a price of $1,271.54. What is their nominal yield to maturity? Round your answer to two decimal places. What is their nominal yield to call? Round your answer to two decimal places.
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