All bonds are semi-annual. All yield measures are stated as annual percentage rates. You must show your work.

10. What is the yield to call (YTC) of a 20 year 8% bond selling for $1030? The call deferment period for the bond is 5 years. 11. What is the holding period yield on a 30 year 7% bond that we buy for $1050. We sell the bond in 4 years for $1090. 12. Suppose you bought a 20 year 8% bond for $1075. If you sold the bond for $980 after holding it for 2 years, what was your holding period yield?

PLEASE SHOW ALL WORK********