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Bond Features Maturity (years) 15 Face Value = $1,000 Coupon Rate 3.00% Current Price $1,100 Coupon dates (Annual) Time to call (years) 3 Price if

Bond Features Maturity (years) 15 Face Value = $1,000 Coupon Rate 3.00% Current Price $1,100 Coupon dates (Annual) Time to call (years) 3 Price if Called $1,030.00 What is the bond's yield to call (YTC) (annual) if the bond is called at its first possible date

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