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Three years ago Messy House Painting issued a 2 0 - year bond with a $ 1 , 0 0 0 maturity value and a
Three years ago Messy House Painting issued a year bond with a $ maturity value and a percent coupon rate of interest. Interest is paid semiannually. The bond is currently selling for
$
a What is the bond's yield to maturity? Do not round intermediate calculations. Round your answer to one decimal place.
b If the bond can be called in four years for a redemption price of $ what is the bond's yield to call? Do not round intermediate calculations. Round your answer to one decimal place.
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