Assignment - Bonds and Their Valuation Consider the case of Blanche Inc.: Blanche Inc. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The bonds have a par value of $1,000, and their current market price is $1,070.35. However, Blanche Inc. may call the bonds in eight years at a call price of $1,060. What are the YTM and the yield to call (YTC) on Blanche Inc.'s bonds? Value YTM YTC If interest rates are expected to remain constant, what is the best estimate of the remaining wife left for Blanche Inc.'s bonds? 5 years 8 years 13 years 18 years u blanche Inc. issued new bonds today, what coupon rate must the bonds have to be issued at par? - 5