Question: 2. Last year This Is Easy, Inc. issued a 13 -year, 11% semiannual coupon bond at its par value of $1,000. Currently, the bond can

2. Last year This Is Easy, Inc. issued a 13 -year,

2. Last year This Is Easy, Inc. issued a 13 -year, 11% semiannual coupon bond at its par value of $1,000. Currently, the bond can be called in 5 years at a price of $1,075 and it sells for $1,300. What are the bond's nominal yield to maturity and its nominal yield to call? Would an investor be more likely to earn the YTM or the YTC? (5 points)

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