Answer asap please

8.

is now Jantary 1, 2021, and you are considering the purchase of an outstanding bond that was issued on 2 anuary 1.2019 . It has a 9% annual coupon and had a 15 -year riginal maturity. (It matures an December 31, 2033.) There is 5 years of call protection (antil December 31, 2023). after which time if can be calied at 108-3hat is, of 108\% of ar, or 51,080 . Interest retes have ceclined since it was issued, and it is now selling at 111.55\% of par, or $1,115.50. a. What is the yeld to maturity? Do not round intermediate calculatoom. Round your answer to two decima places. % What is the yield to call? Do not round intermediate calculations. Round your answer to two decimal places. b. If you bought this bond, which return would you actually eam? 1. Investors would not expect the bonds to be calied and to earn the YTM because the YrM is greater than the YTC. II. Investors would not expect the bonds to be called and to earn the YTM because the rTM is less than the Yre. III. Investors would expect the bonds to be catled and to earn the Yrc because the YTC is less than the YTM. W. Investors would expect the bonds to be called and to earn the vic because the VTC is creater than the VTM. c. Suppose the bond had been seliing at a discount rather than a premium. Would the yield to maturity have been the most likely return, or would the yield to call have been most likely? 1. I mestars would not expect the bonds to be called and to earn the riM because the riM is greatec than the VTc. 11. Investers would not expect the bonds to be catied and to earn the rTM because the YTM is less than the Yic. III. Investors would expect the bends to be called and to earn the YTC because the YTC is greater than the YTM. IV. Investors would expect the bonds to be called and so earn the YTC becduse the YTC is less than the YIM