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21. Determine the yield-to-call (to nearest 0.1 of a percent) of an LTV bond with a 14 percent annual coupon rate, that pays interest semiannually.

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21. Determine the yield-to-call (to nearest 0.1 of a percent) of an LTV bond with a 14 percent annual coupon rate, that pays interest semiannually. The bond can be called in 7 years, has a call price of $1140, and is currently selling for $1154. A. 16.2% B. 14% C. 12.0% D. 13.7%

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