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You are a bond trader. You are considering buying a bond with a coupon rate of 8.4% that matures in 17 years and has semiannual

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You are a bond trader. You are considering buying a bond with a coupon rate of 8.4% that matures in 17 years and has semiannual payments. The bond price is now trading for $829.52. Par value is $1,000. The bond can be called in 7 years for $1,084. What is the yield to maturity (YTM)? What is the yield to call (YTC)? Please answer in annual yield in percentage with two decimal places. Multiple Choice YTM = 10.58%; YTC = 12.95% YTM = 10.58%; YTC = 9.28% YTM = 10.61%; YTC = 13.07% YTM = 10.61%; YTC = 9.30%

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