C when market yielos D) when investors can reinvest at higher rates. 9. Yield to call on a bond with a coupon rate of 8% paid semi-annually, 10 years to maturity, a par value of $1,000 and a selling price of $1.071, callable after 5 years at $1,010 is A) 3.5% Nper = 2x10-20, PV- B) 6.49% Rate: 81.12-4%