Sadik Inc.s bonds currently sell for $1,080 and have a par value of $1,000. They pay a $150 annual coupon and have a 15-year maturity, but they can be called in 6 years at $1,050. What is their yield to call (YTC)? A. 12.85% B. 13.56% C. 15.00% D. 13.72%

Wachowicz Corporation issued 10-year, noncallable, 6.0% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 5.0%. What is the current price of the bonds, given that they now have 9 years to maturity?

McCue Inc.s bonds currently sell for $1,010. They pay a $130 annual coupon, have a 12-year maturity and a $1,000 par value, but they can be called in 3 years at $1,070. 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 into the future. What is the difference between this bonds YTM and its YTC? (Subtract the YTC from the YTM.)