finance

Consider a bond with a 5.2 percent coupon rate and a yield to call of 6.1 percent. The bond currently sells for $1,086. If the bond is callable in 5 years, what is the call premium of the bond? (Do not round intermediate calculations. Round your final answer to 2 decimal places. Omit the "$" sign in your response.)

A convertible bond has a 5 percent coupon, paid semiannually, and will mature in 15 years. If the bond were not convertible, it would be priced to yield 4 percent. The conversion ratio on the bond is 15 and the stock is currently selling for $60 per share. What is the minimum value of this bond? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)