A 15-year, 14% semiannual coupon bond with a par value of $1,000
may be called in 4 years at a call price of $1,075. The bond sells
for $1,050. (Assume that the bond has just been issued.) What is
the bond's yield to maturity? Do not round your intermediate
calculations. Round your answer to two decimal places. ________ %
What is the bond's current yield? Do not round your intermediate
calculations. Round your answer to two decimal places. ________ %...