D E F G H A company has the following bond outstanding. The bond is callable every year on May 1st, the anniversary date of the bond. The bond has a deferred call with three years left. The call premium on the first call date is one year's interest. The call premium will decline by 10 percent of the original call premium for 10 years. Eleven years from today, the call premium will be zero. Given the following information, what is the yield to worst for this bond? Yield to worst is the lowest possible yield without defaulting. Current date: Maturity date: Coupon rate: Coupons per year: Price (percent of par): Par value (percent of par): 12/3/20 5/1/40 5.00% 2 97.5 100 Yield to Call 1 2 3 -4 -5 16 27 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Call date Call premium % of par) 5/1/23 10 5/1/24 9 5/1/25 5/1/26 7 5/1/27 5/1/28 5/1/29 5/1/30 5/1/31 5/1/32 1 No 000 Yield to maturity Yield to worst