Keenan Industries has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 6.50% nominal yield to maturity, but it can be called in 6 years at a price of $1,160. What is the bonds nominal yield to call?

Group of answer choices

7.98%

7.00%

5.46%

5.53%

5.39%