Yield to maturity
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 $1,072, and currently sell at a price of $1,132.56.
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.
%
What return should investors expect to earn on these bonds?