A.) Consider a $1,000 par value bond with a 6 percent annual coupon. The bond pays interest annually. There are 9 years remaining until maturity. What is the current yield on the bond assuming that the required return on the bond is 10 percent?

B.) L Corporation's bonds will mature in 12 years. The bonds have a face value of $1,000 and an 8 percent coupon rate, paid semiannually. The price of the bonds is $1,100. The bonds are callable in 5 years at a call price of $1,050.

~ What is the yield to maturity?

~ What is the yield to call?

*Please help by typing out formulas and showing the steps taken to get results, instead of just presenting excel results?*