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You are researching bond investments. A 30-year maturity, 8.6% coupon bond paying coupons semiannually is callable in five years at a call price of $1,130.

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You are researching bond investments. A 30-year maturity, 8.6% coupon bond paying coupons semiannually is callable in five years at a call price of $1,130. The bond currently sells at a yield to maturity of 7.6% (3.80% per half-year). a. What is the yield to call? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Yield to call % b. What is the yield to call if the call price is only $1,080? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Yield to call % c. What is the yield to call if the call price is $1,130 but the bond can be called in two years instead of five years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Yield to call %

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