4. A 6.5 percent coupon bond with 12 years left to maturity can be called in four years. The call premium is one year of coupon payments. It is offered for sale at $1,190.25. What is the yield to call (YTC) of the bond? (Assume interests are paid semi-annually and the par value is $1,000.) A. 1.48 percent B. 2.22 percent C. 2.96 percent D. 4.44 percent E. 1.57 percent