A now January 1, 2021, and you are considering the purchase of an cutstanding bond that was issued on January 1, 2019. It has an 8,5% annual coupan and had a 15-year original terest rates have dedined since i was issued, and it is now selling at 111.55% of par, of $1,115.50. 2. Whas is the yeld to maturity? Do not round intermediate calculations, Round your answer to bvo decimal places. What is the yeld to cait? Do not round intermediate caloulations. Round your answer to two decimal places. b. If you boupht this band, which return would you actually earn? 1. Imvestor mould not expect the bonds to be called and to earn the YTM hecause the YTM is greater than the YTC. II. Invecton would not expect the bonds to be called and to earn the MM because the VIM is less than the YTC. 11. Investors mould expect the bonds to be called and to eam the YrC because the rTC is less than the YTM. N. Investors mould expect the bonds to be called and to earn the VTC because the VTC is greater than the VTM ilingly? 11. Invitan would exped the bonds to be called and to eam the YTC because the YTC is less than the YTM. III. Inventors would not opect the bonds to be calind and to eam the VTM becavise the VTM is greater than the VTC NV. Investors wolie not oxped une bonds to be called and to earn the VTM because the YTM is less than the YTC