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Thatcher Corporations bonds will mature in 10 years. The bonds have a face value of $1,000 and an 8% coupon rate, paid semiannually. The price

Thatcher Corporations bonds will mature in 10 years. The bonds have a face value of $1,000 and an 8% coupon rate, paid semiannually. The price of the bonds is $1,100. The bonds are callable in 5 years at a call price of $1,050. What is their yield to maturity? What is their yield to call?

I already know the answer: YTM = 6.62% and YTC = 6.49%

Please show the work. I do not want to see the financial calculator key strokes nor excel formulas. Good ole fashion formula!!

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