Question $9(1$ point$)$

Clark Company has a $27-$year, $7\mathrm{.}30\%$ semiannual coupon bond with a par value of $$1,000.$ Currently, the bond can be called in $25$ years at a price of $$1,073$ and it currently sells for $$1,100.$

a$)$ What is the bond's nominal yield to maturity?

b$)$ What is the bond's nominal yield to call?

c$)$ What is the bond's current yield?

a$)6\mathrm{.}51\%$; b$)6\mathrm{.}60\%$; c$)6\mathrm{.}64\%$

a$)6\mathrm{.}51\%3\mathrm{.}30\%$; c$)3\mathrm{.}32\%$

a$)3\mathrm{.}25\%$; b$)3\mathrm{.}30\%$; c$)6\mathrm{.}64\%$