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Fuzzy Badger Transport Company has 9% annual coupon bonds that are callable and have 18 years left until maturity. The bonds have a par value

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Fuzzy Badger Transport Company 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 $1,190.35. However, Fuzzy Badger Transport Company may call the bonds in elght years at a call price of $1,060 Fuzzy Badger Transport Company's bonds have a yleld-to-maturity (YTM) of and a yleld-to-call (rTc) of If interest rates are expected to remain constant, what is the best estimate of the remaining life left for Fuzzy Badger Transport Company's bon 10 years B years 13 years 18 years If Fuzzy Badger Transport Company issued new bonds today, what coupon rate must the bonds have to be issued at par

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