Question: Quantitative Problem: Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 8.6% with semiannual payments of 543,

Quantitative Problem: Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 8.6% with semiannual payments of 543, and a pe of $1,000. The price of each bond in the issue is $1,220.00. The bond issue is callable in 5 years at a call price of $1,086 What is the bond's current yield? Do not round intermediate calculations, Round your answer to two decimal places What is the band's nominal annual yield to maturity (TM)? Do not round intermediate calculations. Round your answer to two decimal places What is the band's nominal annual yield to call (VTC)? Do not round intermediate calculations, Round your answer to t wer to two decimal places Assuming interest rates remain at current levels, will the bond issue be called? The firme B call the bond

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