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Problem 5-8 ***I already have the first answer correct, please complete the second part*** Yield to Maturity and Call with Semiannual Payments Thatcher Corporation's bonds

Problem 5-8

***I already have the first answer correct, please complete the second part***

Yield to Maturity and Call with Semiannual Payments

Thatcher Corporation's bonds will mature in 20 years. The bonds have a face value of $1,000 and an 12% coupon rate, paid semiannually. The price of the bonds is $850. The bonds are callable in 5 years at a call price of $1,050. Round your answers to two decimal places.

What is their yield to maturity? %

What is their yield to call? %

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