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33. Tom Izzo Inc.'s bonds are currently selling for $1,180 and have a par value of $1,000. They pay an 13% semi-annual coupon and have

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33. Tom Izzo Inc.'s bonds are currently selling for $1,180 and have a par value of $1,000. They pay an 13% semi-annual coupon and have 15-years until maturity, but they can be called in 3 years with a 13% call premium. What is their yield to call (YTC)? A.4.95 percent B.6.55 percent C. 7.74 percent D. 9.77 percent E. 10.56 percent

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