Question: Mr. Clark is considering another bond, Bond D. It has a 7% semiannual coupon and a $1,000 face value (i.e., it pays a $35 coupon

Mr. Clark is considering another bond, Bond D. It has a 7% semiannual coupon and a $1,000 face value (i.e., it pays a $35 coupon every 6 months). Bond D is scheduled to mature in 8 years and has a price of $1,140. It is also callable in 6 years at a call price of $1,080.

What is the bond's nominal yield to maturity? Round your answer to two decimal places.

fill in the blank %

What is the bond's nominal yield to call? Round your answer to two decimal places.

fill in the blank %

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