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Intro IBM has an outstanding bond with an annual coupon of 7.7% 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 7.7% and a face value of $1,000 that matures in 20 years. The bond's current price is $1,333.88. It is callable at a call price of $1,050 with 10 years of call protection from now. Part 1 What is the yield to call? 4+ decimals Save Attempt 1/1

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