Consider the following bond:

Coupon rate = 11%

Maturity = 18 years

Par value = $1,000

Call schedule for this bond is as follows:

Can be called in eight years (first call) at $1,055

Can be called in 13 years (Only par call) at $1,000

Only put date in five years and putable at par value

Suppose that the market price for this bond $1,169.

(a) What is the yield to maturity for this bond?

(b What is the yield to first par call?

(c) What is the yield to put?

(d) What is the yield to first call? and What is the yield to worst for this bond assuming there are no other options embedded in it?