EMS international bonds have a current market price of $1,175. The bonds have an 10.25% annual...

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EMS international bonds have a current market price of $1,175. The bonds have an 10.25% annual coupon payment, a $1000 face value, and 15 years left until maturity. The bonds may be called in five years at 105% of face value. (call price equals $1,050). (15) a. What is the yield to maturity? b. What is the yield to call if they are called in seven years? c. Which yield might investors expect to earn on these bonds, and why? EMS international bonds have a current market price of $1,175. The bonds have an 10.25% annual coupon payment, a $1000 face value, and 15 years left until maturity. The bonds may be called in five years at 105% of face value. (call price equals $1,050). (15) a. What is the yield to maturity? b. What is the yield to call if they are called in seven years? c. Which yield might investors expect to earn on these bonds, and why?