Quantitative Problem: Ace Products has a bond issue outstanding with $15$ years remaining to maturity, a coupon rate of $8\mathrm{.}2\%$ with semiannual payments of $$41,$ and a par value of $$1,000.$ The price of each bond in the issue is $$1,260,00.$ The bond issue is callable in $5$ years at a call price of $$1,082.$

What is the bond's current yield? Round your answer to two decimal places. Do not round intermediate calculations.

$\%$

Show All Feedback.

What is the bond's nominal annual yield to maturity $($YTM$)?$ Round your answer to two decimal places. Do not round intermediate calculations.

$\%$