Question: Question content area top General Electric has just issued a callable (at par) ten-year 6% coupon bond with annual coupon payments. The bond can be

Question content area top

General Electric has just issued a callable (at par) ten-year 6% coupon bond with annual coupon payments. The bond can be called at par in one year or anytime thereafter on a coupon payment date. It has a price of $102. What is the bond's yield to maturity and yield to call?

The yield to maturity is _______%. (Round to two decimal places.)

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