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0. What is the Yield-to-Call for the following semiannual pay corporate bond: Annual Coupon of 7%, 20 Years to Maturity, Current Yield 6%, Current Price

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0. What is the Yield-to-Call for the following semiannual pay corporate bond: Annual Coupon of 7%, 20 Years to Maturity, Current Yield 6%, Current Price (per $1,000) = $1,115.57. The bond is callable after 7 Years at a Price = $1,050. So YTC is closest to: a) 3.79% b) 2.79% c) 5.58% d) 4.38%

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