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Atlantis Fisheries bonds mature in 10 years, carry a 5% coupon rate and current trade for $1105. These bonds are callable in 4 years at

  1. Atlantis Fisheries bonds mature in 10 years, carry a 5% coupon rate and current trade for $1105. These bonds are callable in 4 years at a 3% premium. What is the yield to call for these bonds?

    a.

    3.97%

    b.

    3.72%

    c.

    2.91%

    d.

    4.10%

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