Yield to Call, Yield to Maturity, and Market Rates Absalom Energy's 15% coupon rate, semiannual payment, $1,000 par value bonds that mature in 25 years are callable 4 years from now at a price of $1,000.
a) Compute the yield to call
b) Compute the yield to maturity
c) Determine the market rates
d) All of the above