Best company bonds issued at par value currently sell for $1,040. They pay a 6.5% coupon and have a 15-year maturity, but they can be called in 5 years at $1,100. What is their yield to maturity (YTM)? & (YTC)?

    Yield to manliness is the trounce at which NPV of coin glides to Investor gain be naught.

    Calculation of Yield to call: Face estimate Coupon trounce Current Price Call Price Years to Call Annual Coupon Coin glide to invest