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Big Tom's Bowling Company issued a bond that will mature in 15 years. The bond has a face value of $1,000 and an 7% coupon

Big Tom's Bowling Company issued a bond that will mature in 15 years. The bond has a face value of $1,000 and an 7% coupon rate, paid semiannually. The price of the bond is $1,120. The bond is callable in 5 years at a call price of $1,050.

What is the bond's yield to maturity?

What is the bond's yield to call?

Group of answer choices

7.00% and 6.34%

5.99% and 4.31%

5.79% and 5.14%

6.05% and 5.99%

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