1 eBook Check My Work It is now January 1, 2021, and you are considering the purchase of an outstanding bond that was is

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1 Ebook Check My Work It Is Now January 1 2021 And You Are Considering The Purchase Of An Outstanding Bond That Was Is 1 (20.69 KiB) Viewed 9 times

1 eBook Check My Work It is now January 1, 2021, and you are considering the purchase of an outstanding bond that was issued on January 1, 2019. It has a 9.5% annual coupon and Ohad a 30-year original maturity. (It matures on December 31, 2048.) There is 5 years of call protection (until December 31, 2023), after 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 116.57% of par, or $1,165.70. O a. What is the yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. 0 % O What is the yield to call? Do not round intermediate calculations. Round your answer to two decimal places.