outstanding bow It is now January 1, 2021, and you are considering the purchase of an a 30 -year original maturity. (It matued January 1,2019. It has an 8% annual coupon and had tection (until December 31, 2023), after on December 31, 2048.) There is 5 years of call proof par, or $1,080. Interest rates have decline time it can be called at 108 that is, at 108% 119.12% of par, or $1,191.20. a. What is the yield to maturity? What is the yield to call? b. If you bought this bond, which return would you actually earn? Explain your reasoning. c. Suppose the bond had been selling at a discount rather than a premium. Would the yield to maturity have been the most likely return, or would the yield to call have been most likely