Question: 1 0 - year municipal bond, 4 . 5 % coupon ( annual coupons ) , $ 5 0 0 0 par. Current price: $

10-year municipal bond, 4.5% coupon (annual coupons), $5000 par. Current price: $5375
What is the bond's yield to maturity?
If the bond can be called 3 years before maturity at a call price of $5225, what is the bond's yield to call?
4 years later, interest rates have fallen, and the bond now trades with a YTM of 2.7257%. What's the yield to call?

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