GM corporate Bond is currently priced at $1,200, the maturity is 20 years, and it pays a 14% coupon. The bond can be called in 5 years (it has 5 years of call protection). What is YIELD TO CALL (YTC) if GM decides to call the bond after 5 years at a premium of $1,100?

A) 10.35% B) 10.18% C) 11.17% D) 11.55%

Need Computation and answer