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Suppose a 1 0 - year, 1 0 % , semiannual coupon bond with a par value of $ 1 , 0 0 0 is

Suppose a 10-year, 10%, semiannual coupon bond with a par value of $1,000 is currently selling for $1,135.90. However, it can be called after 4 years for $1,050.
(1) What is the bond's yield to maturity (YTM)?(4 points)
(2) What is the bond's yield to call (YTC)?(4 points)
(3) If you bought this bond, do you think you would be more likely to earn the YTM or the YTC? Why? (2 points)
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