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Intro IBM has an outstanding bond with an annual coupon of 7.9% and a face value of $1,000 that matures in 20 years. The bond's

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Intro IBM has an outstanding bond with an annual coupon of 7.9% and a face value of $1,000 that matures in 20 years. The bond's current price is $1,570.99. It is callable at a call price of $1,050 with 10 years of call protection from now. BB Attempt 1/6 for 10 pts. Part 1 What is the yield to call? \+ decimals Submit

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