Part A.) Find the Yield to maturity of a bond that has a semi-annual coupon of 8% and is currently selling for $1,240. The bond has 20 years left to mature. Par value = $1000

Part B.) A Callable bond is currently selling for $1,150. The bond pays a coupon of 8% (paid semi-annually). The bond is callable in 5 years for $1,040. The bond has 15 years left to mature. Calculate either Yield to Call (YTC) or Yield to Maturity (YTM) of the bond.