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A 15-year maturity bond is paying 6.0% coupon semi-annually. This bond is callable after 6 years at a call price of $1,130. The yield-to-maturity of

A 15-year maturity bond is paying 6.0% coupon semi-annually. This bond is callable after 6 years at a call price of $1,130.

The yield-to-maturity of this bond is 7.5%. The annual yield-to-call of this bond is: A. 3.25% B. 5.34% C. 10.68% D. 12.0% E. None of the above

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