Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% nominal coupon, and a par value of $1,000. The company makes coupon payments semi-annually. The current market piece for this bond is $1,235.47. If this bond is callable at the end of 10 year with a call price of $1,050. Calculate the Yield-to-Maturity (YTM) and the Yield-to-Call (YTC).

8. Moerdyk Corporation's bonds have a 15 -year maturity, a 7.25% nominal coupon, and a par value of $1,000. The company makes coupon payments semi-annually. The current market piece for this bond is $1,235.47. If this bond is callable at the end of 10 year with a call price of $1,050. Calculate the Yield-to-Maturity (YTM) and the Yield-to-Call (YTC)