Question: Company X bonds have 14 years remaining to maturity, but are callable in 4 years at a call price of $1,050. The bonds have $1,000 face value, currently trade at $1,180 and have a coupon rate of 5%. Based on this information, answer the following questions:
What is the bond's Yield to Maturity?
What is the bond's Yield to Call?
What is the bond's Current Yield?