Q5 (6 points) Callable bond A 30-year maturity, 6% coupon bond paying coupons semiannually is callable in five years at a call price of S1,100. The bond currently sells at a yield to maturity of 5%. 1) What is the yield to call? 2) What is the yield to call if the call price is only $1,050? 3) What is the yield to call if the call price if S1,100 but the bond can be called in two years instead of fives