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J&J Inc. just issued a bond with a $1,000 face value and a coupon rate of 6.0 %. The bond has a life of 20

J&J Inc. just issued a bond with a $1,000 face value and a coupon rate of 6.0 %. The bond has a life of 20 years, pays semi- annual coupons, can be called in 6 years, and has a call premium of one years interest, and is selling for $1,100. What is the Yield to Call for this bond? please show your working using a formula by hand calculations only

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