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Frank Lucas owns a NYC-Dealers bonds currently selling for $1,180 and have a par value of $1,000. They pay a $105 annual coupon and have

Frank Lucas owns a NYC-Dealers bonds currently selling for $1,180 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year maturity, but they have 5 years of call protection, along with a 10% call premium. What is their yield to call (YTC)?

Group of answer choices

7.74%

9.01%

6.55%

4.95%

10.56%

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