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A 30-year maturity, 6.5% coupon bond paying coupons semiannually is callable in five years at a call price of $1,225. The bond currently sells at

A 30-year maturity, 6.5% coupon bond paying coupons semiannually is callable in five years at a call price of $1,225. The bond currently sells at a yield to maturity of 7% (3.5% per half-year). What is the yield to call? (Do not round intermediate calculations. Round your answer to 2 decimal places.) A. 15.2%. B. 5.7%. C. 6.4%. D. 11.62%.

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