Consider the case of RTE Inc.: RTE 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, RTE 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 RTE Inc.'s bonds? Value YTM 8.24% YTC If interest rates are expected to remain constant, what is the best estimate of the remaining life left for RTE Inc.'s bonds? 18 years 10 years 8 years 13 years If RTE Inc. issued new bonds today, what coupon rate must the bonds have to be issued at par