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Martin Mania, Corp. has issued a bond with a 9.625% semi-annual coupon that will mature on May 1, 2028. The current price is $1,105, and

Martin Mania, Corp. has issued a bond with a 9.625% semi-annual coupon that will mature on May 1, 2028. The current price is $1,105, and you should assume the current date is November 1, 2020.

a.Find the Current Yield.

b.Find the YTM.

c.The bond may be called on May 1, 2024 at a price of $1058.25. What is the YTC?

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