A firms bonds have a maturity of 12 years with a 1000 face


A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 6 years at $1,198, and currently sell at a price of $1,348.76.

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 12 years with a 1000 face
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