A firms bonds have a maturity of 10 years with a 1000 face


YIELD TO MATURITY A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 5 years at $1,054, and currently sell at a price of $1,102.85. 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. %

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Financial Management: A firms bonds have a maturity of 10 years with a 1000 face
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