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eBook Problem Walk-Through A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 11% semiannual coupon, are callable in
eBook Problem Walk-Through A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 7 years at $1,232.25, and currently sell at a price of $1,398.53. What are their nominal yield to maturity and their nominal yield to call? Do not round intermediate calculations. Round your answers to two decimal places.
YTM: 6.64 % (check)
YTC: ___%
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