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Again, Inc. bonds have a par value of $ 1 , 0 0 0 , a 1 6 year maturity, and an annual coupon rate

Again, Inc. bonds have a par value of $1,000, a 16 year maturity, and an annual coupon rate of 10.0% with annual coupon payments. The bonds are currently selling for $820. The bonds may be called in 6 years for 110.0% of par. What quoted annual rate of return do you expect to earn if you buy the bonds and company calls them when possible?
Question 5 options:
10.88%
12.68%
17.58%
13.28%
16.00%

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