H&M has just issued a callable (at par) ten-year, 9% coupon bond with annual coupon payments. The bond can be called at par in one year or anytime thereafter on a coupon payment date. It has a price of $103 and a face value of $100. What is the bonds yield to maturity and yield to call?

(a) The bonds yield to call is %. (round to 3 decimals)

(b) The bonds yield to maturity is %. (round to 3 decimals)

(c) Now suppose that the coupon payments are made quarterly, where the coupon rate is 9% APR with quarterly compounding. The bond's yield to maturity, stated as EAR, is %. (round to 3 decimals)