Using annual compounding, find the yield-to-maturity for each of the following bonds.

a. A(n) 11.5%, 24-year bond priced at $1,242.67.

b. A(n) 17%, 14-year bond priced at $1,331.41.

c. A(n) 6%, 18-year bond priced at $482.61.

Now assume that each of the above three bonds is callable as follows: Bond a is callable in 8 years at a call price of $1,095; bond b is callable in 5 years at $1,100; and bond c is callable in 4 years at $1,050. Use annual compounding to find the yield-to-call for each bond.

The yield-to-maturity for bond a is nothing%. (Round to two decimal places.)

The yield-to-maturity for bond b is nothing%. (Round to two decimal places.)

The yield-to-maturity for bond c is nothing%. (Round to two decimal places.)

The yield-to-call for bond a is nothing%. (Round to two decimal places.)

The yield-to-call for bond b is nothing%. (Round to two decimal places.)

The yield-to-call for bond c is nothing%. (Round to two decimal places.)