Question: Last year Carson Industries issued a 1 0 - year, 1 3 % semiannual coupon bond at its par value of $ 1 , 0

Last year Carson Industries issued a 10-year, 13% semiannual coupon bond at its par value of $1,000. Currently, the bond can be calle in 6 years at a price of $1,065 and it sells for $1,230.
a. What are the bond's nominal yield to maturity and its nominal yield to call? Do not round intermediate calculations. Round your answers to two decimal places.
YTM: %
YTC: %
Would an investor be more likely to earn the YTM or the YTC?q,
b. What is the current yield? (Hint: Refer to Footnote 6 for the definition of the current yield and to Table 7.1) Round your answer to two decimal places.
9.23
%
 Last year Carson Industries issued a 10-year, 13% semiannual coupon bond

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