Snow January, 2019, and you are considering the purchase of an outstanding bond that was issued on January 1, 2017. It has a 7.5% annual coupon and had a 30-year original maturity (It matures on December 31, 2046.) There is 5 years of all protection (until December 31, 2021), after which time it can be Called at 108.--that is, at 108% of par, or $1,080. Interest rates have declined since it was issued, and it is now selling at 119.57% of par or 1,195.70 a. What is the yield to maturity? Do not round Intermediate calculations. Round your answer to two decimal places. What is the yield to call? Do not round Intermediate calculations. Round your answer to two decimal places, b. tf you bought this bond, which retum would you actually earn? 1. Investors would expect the bonds to be called and to eam the YTC because the YTC is less than the YTM 11. Investors would expect the bonds to be called and to earn the YTC because the YTC is greater than the YTM III. trivestors would not expect us bonds to be called and to earn the YTM because the YTM is greater than the YTC. TV. Investors would not expect the bonds to be called and to earn the YT because theYTM is less than the YTC 1. Suppose the band had been selling at a discount rather than a premium would the yield to maturity have been the most likely return, or would the pled to call have been most? Investors would not expect the bonds to be called and to cam the YTM because the YTH than the YTC 11. Investors would expect the bonds to be called and to earn the YC because the YTC is greater than the YTH II. Investors would expect the bonds to be called and to earn the vic because theYTC is less than the YTH Investors would not expect the bonds to be called and to earn the YTM because the YTM prater than the YTC