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A bond has a $1.000 par value, 16 years to maturity, and pays a coupon of 8.5% per year, semiannually. The band can be called

A bond has a $1.000 par value, 16 years to maturity, and pays a coupon of 8.5% per year, semiannually. The band can be called in six years at $1,075. If the bond's price 5998.52. what is its yield to call? A) 8.68% B) 8.84% D 09.08% D 9.48% E) 9.34%

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