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Three years ago Messy House Painting issued a 15-year bond with a $1,000 maturity value and a 5 percent coupon rate of interest. Interest is
Three years ago Messy House Painting issued a 15-year bond with a $1,000 maturity value and a 5 percent coupon rate of interest. Interest is paid semiannually. The bond is currently selling for $869. What is the bond's yield to maturity? Do not round intermediate calculations. Round your answer to one decimal place. % If the bond can be called in five years for a redemption price of $1,042, what is the bond's yield to call? Do not round intermediate calculations. Round your answer to one decimal place
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