Question $2$

Ace Products has a bond issue outstanding with $15$ years remaining to maturity, a coupon rate of $8\mathrm{.}2\%$ with semiannual

payments of $$41,$ and a par value of $$1,000.$ The price of each bond in the issue is $$1,260\mathrm{.}00.$ The bond issue is callable in $5$

years at a call price of $$1,082.$

Round your answer to two decimal places. Do not round intermediate calculations.

The bond's current yield is equal to Blank $1\%.$

The bond's nominal annual yield to maturity $($YTM$)$ is equal to Blank $2\%.$

The bond's nominal annual yield to call $($YTC$)$ is equal to Blank $3\%$

Assuming interest rates remain at current levels, will the bond issue be called? Write either yes or no in the blank space

Blank $4.$

Blank $1$

Blank $2,$

Blank $3$

Blank $4$