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Ferris Inc. bonds currently sell for $1,572 and have a par value of $1,000. They pay a $120 annual coupon and have a 20 year

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Ferris Inc. bonds currently sell for $1,572 and have a par value of $1,000. They pay a $120 annual coupon and have a 20 year maturity, but they can be called in 5 years at $1,120. What is there yield to call (YTC) if they are called? Edit View Insert Format Tools Table 12pt Paragraph | B I VA 2T

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