A $1,000 par value bond sells for $1,216. It matures in 20 years, has a 14 percent coupon, pays interest semiannually, and can be called in 5 years at a price of $1,100. What is the bond's YTM and YTC?
YTM YTC
a.6.05% 9.00%
b.10.00% 10.26%
c.10.06% 10.00%
d.11.26% 14.00%
e.11.26% 10.00%