(Please use a math, finance equation and/ or formula. DONT USE A SHEET CHART, EXCEL, OR GRAPH)

12. It is now January 1, 2019, and you are considering the purchase of an outstanding bond that was issued on January 1, 2017. It has an 8% annual coupon and had a 30-year original maturity. (2046). There is 5 years of call protection (until 2021), after which time it can be

called at 108% of par. Interest rates have declined since it was issued, and its now selling at 119.12%, or $1,191.20. What is the yield to maturity? What is the yield to call?