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a. 3.6% b. 4.1% c. 6.56% A semi-annual corporate bond selling for R915.16, with a coupon of 6% has a YTM of 8%. The bond

a. 3.6% b. 4.1% c. 6.56% A semi-annual corporate bond selling for R915.16, with a coupon of 6% has a YTM of 8%. The bond matures in 10 years, but can be called in 8 years at a call price of R1080 (this is a premium of 8%). What is this bond's Yield to Call (YTC )?

a.3.6%

b.4.1%

c.6.56%

d.7.2%

e.8.2%

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