a corporations bonds have 25 years to maturity, an 8.75% coupon paid semiannually and a $1000 par value. the bond has a 6.5% nominal yield to maturity, but it can be called in 6 years at a price of $1,150. what is the bonds nominal yield?

a. 4.23%

b. 6.02%

c. 5.81%

d. 4.85%

e. 5.44%