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1 points Tire Inc.'s bonds currently sell for $1,150 and have a par value of $1,000 . They pay a $100 annual coupon and have

1 points\ Tire Inc.'s bonds currently sell for

$1,150

and have a par value of

$1,000

. They pay a

$100

annual coupon and have a 15-year maturity, but they can be called in 5 years at

$1,120

. What is their yield to call (YTC)?\

8.25%

\ 7.9890\ 7.3596\ 6.7490\ 6.1296

image text in transcribed
Tire Inc.'s bonds currently sell for $1,150 and have a par value of $1,000. They pay a $100 annual coupon and have a 15 -year maturity, but they can be called in 5 years at $1,120. What is their yield to call (YTC)? 8.259% 7.9896 7.359% 6.7490 6.129%

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