Assume that you purchased an 8%, 20-year, $1,000 par, semiannual payment bond priced at $1,017.00 when it has 10 years remaining until maturity. Compute:

1. Its promised yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places.

   % annually

2. Its yield to call if the bond is callable in three years with a 10% premium? Do not round intermediate calculations. Round your answer to two decimal places.

   % annually