A bond with a par value of $1,000 has a coupon rate of 7% p.a. and a maturity of 13 years. This bond is callable in 8 years at a price of $1,100. It is currently selling at $1,080. The coupons are paid semi-annually.

The effective annual yield to maturity, effective annual yield to call and current yield of this bond are,

a.

8.30%, 8.77% and 8.89% respectively.

b.

6.19%, 6.77% and 6.48% respectively.

c.

6.98%, 6.72% and 6.24% respectively.

d.

5.24%, 5.32% and 5.45% respectively.

e.

6.73%, 6.59% and 6.27% respectively.