Determine the current market prices of the following $1,000 bonds if the required rate is 10% and answer the following questions.

XY 5.25% coupon (interest paid annually) for 20 years. The price of this bond is [ Select ] ["$550.35", "$595.61", "$630.15", "$585.60", "$620.12"]

AB 14% coupon (interest paid annually) for 20 years. The price of this bond is [ Select ] ["$997.35", "$1,410.22", "$1,350.23", "$1,240.32", "$1,340.54"]

Which bond has a current yield that exceeds the yield to maturity? Bond [ Select ] ["XY", "AB", "James"] has a [ Select ] ["6.45%", "9.67%", "8.81%", "10.44%"] current yield higher than the [ Select ] ["8%", "9%", "10%"] yield to maturity

Which bond may you expect to be called? Why? I expect bond [ Select ] ["XY", "JAMES", "AB"] to be called probably because [ Select ] ["it is selling for a premium", "it is selling at a discount", "the YTM is higher than the CY"]