A 3.20 percent coupon municipal bond has 10 years left to maturity and has a price quote of 96.45. The bond can be called in four years. The call premium is one year of coupon payments. (Assume interest payments are semiannual and a par value of $5,000.)
Compute the yield to maturity. (Round your answer to 2 decimal places.)
Compute the yield to call. (Round your answer to 2 decimal places.)