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AEP's bonds currently sell for $850 and have a par value of $1,000. They pay a $72 annual coupon and have a 30-year maturity, but

AEP's bonds currently sell for $850 and have a par value of $1,000. They pay a $72 annual coupon and have a 30-year maturity, but they can be called in 7 years at $1,115. What is their yield to maturity (YTM)?

Group of answer choices 7.22% 8.61% 8.44% 5.45% 9.48%

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