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Keenan Industries has a bond outstanding with 20 years to maturity, a 5% nominal coupon, annual payments, and a $1,000 par value. The bond has

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Keenan Industries has a bond outstanding with 20 years to maturity, a 5% nominal coupon, annual payments, and a $1,000 par value. The bond has a 6% nominal yield to maturity, but it can be called in 6 years at a price of $1,100. Question 54 (1 point) What is the bond's price? $887.00 $940.05 $899.12 $885.30 $1,000.00 Question 55 (1 point) What is the bond's nominal yield to call? 16.55% 6.85% 17.20% 8.88% 17.68%

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