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Dyl Inc.'s bonds currently sell for $820 and have a par value of $1,000. They pay a $65 annual coupon and have a 25-year maturity,

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Dyl Inc.'s bonds currently sell for $820 and have a par value of $1,000. They pay a $65 annual coupon and have a 25-year maturity, but they can be called in 5 years at $1,080. What is their yield to maturity (YTM)? a. 8.24% b. 8.90% C. 4.76% d. 8.22% e. 7.93%

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