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which time it can be called at 1 0 8 - that is , at 1 0 8 % of par, or $ 1 ,

which time it can be called at 108-that is, at 108% of par, or $1,080. Interest rates have declined since it was issued, and it is now selling at 120.08% of par, or $1,200.80.
a. What is the yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places.
%
What is the yield to call? Do not round intermediate calculations. Round your answer to two decimal places.
%
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