A bond has a $1,000 par value, twelve years to maturity, and pays a coupon of 5.75% per year, semiannually. The bond can be called in five years at 115% of its par value. If the bonds price is $1,183.11, what is its yield to call?

Question 8 options:

A)

4.46%

B)

4.36%

C)

4.06%

D)

4.16%

E)

5.26%