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A 30-year maturity bond is paying 9.0% coupon semi-annually. The yield-to-maturity of this bond is 7.5%. This bond is callable after 7 years at a

A 30-year maturity bond is paying 9.0% coupon semi-annually. The yield-to-maturity of this bond is 7.5%. This bond is callable after 7 years at a call price of $1,030. The annual yield-to-call of this bond is:

9.00%

6.56%

6.18%

3.09%

None of the above

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