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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
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