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A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 7 years at $1,067, and currently sell at a price of $1,122.74.

What is their nominal yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places.

%

What is their nominal yield to call? Do not round intermediate calculations. Round your answer to two decimal places.

%

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92396758

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