Radoski Corporation's bonds make an annual coupon interest payment of 7.35%. The bonds have a par value of N1,000, a current price of N1,130, and mature in 12 years. What is the yield to maturity on these bonds? 2 Sadik Inc.'s bonds currently sell for N1,180 and have a par value of N1,000. They pay a N105 annual coupon and have a 15-year maturity, but they can be called in 5 years at N1,100. What is their yield to call (YTC) ? 3 Taussig Corp.'s bonds currently sell for N1, 150. They have a 6.35% annual coupon rate and a 20-year maturity, but they can be called in 5 years at N1,067.50. Assume that no costs other than the call premium. would be incurred to call and refund the bonds, and also assume that the yield curve is horizontal, with rates expected to remain at current levels on into the future. Under these conditions, what rate of return should an investor expect to earn if he or she purchases these bonds? 4 Keenan Industries has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and a N1,000 par value. The bond has a 6.50% nominal yield to maturity, but it can be called in 6 years at a price of N1, 120. What is the bond's nominal yield to call? 5 O'Brien Ltd.'s outstanding bonds have a N1,000 par value, and they mature in 25 years. Their nominal yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of N975. What is the bond's nominal coupon interest rate?