along because it was easy to calculate; however, because it can be misleading, the yield to maturity and yield to call are more relevant. identical and that the opposite sign is used for PV; otherwise, your answer will be incorrect. The yield to call (YTC) is the rate of return earned on a bond when it is called before its maturity date. The equation for solving for the YTC is shown below: Priceofbond=t=1N(1+rd)tInt.+(1+rd)NCallprice parbecause this means that the going market interest rate is less than its coupon rate. each bond in the issue is $1,190.00. The bond issue is callable in 5 years at a call price of $1,070. What is the bond's current yield? Do not round intermediate calculations. Round your answer to two decimal places. % What is the bond's nominal annual yield to maturity (YTM)? Do not round intermediate calculations. Round your answer to two decimal places. % What is the bond's nominal annual yield to call (YTC)? Do not round intermediate calculations. Round your answer to two decimal places. % Assuming interest rates remain at current levels, will the bond issue be called? The firm call the bond