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Dyl Inc.'s bonds currently sell for $850 and have a par value of $1,000. They pay a $50 annual coupon and have a 10-year maturity,

Dyl Inc.'s bonds currently sell for $850 and have a par value of $1,000. They pay a $50 annual coupon and have a 10-year maturity, but they can be called in 6 years at $1,100. What is their yield to maturity (YTM)?

a. 5.88%
b. 7.15%
c. 7.57%
d. 7.34%
e. 5.84%

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