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Burns Powers $1000 par value, semi-annual coupon bonds currently have a yield to maturity of 4.8%. These bonds have a 6% annual coupon rate and

Burns Powers $1000 par value, semi-annual coupon bonds currently have a yield to maturity of 4.8%. These bonds have a 6% annual coupon rate and mature in 15 years. Also, these bonds could be called in 4 years at a price of $1060. What is the yield to call for these bonds?

A. 3.93%

B. 4.19%

C. 5.17%

D. 4.80%

E. 1.99%

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