Question: 8. General Electric has just issued a callable (at par) ten-year 6% coupon bond with annual coupon payments. The bond can be called at par

8. General Electric has just issued a callable (at par) ten-year 6% coupon bond with annual coupon payments. The bond can be called at par in one year or anytime thereafter on a coupon payment date. It has a price of $104. What is the bond's yield to maturity and yield to call? The yield to maturity is _______%. (Round to two decimal places.) The yield to call is______%. (Round to two decimal places.)

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