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Keenan Industries has a bond outstanding with 2 5 years to maturity, an 8 . 0 5 % nominal coupon, semiannual payments, and a $

Keenan Industries has a bond outstanding with 25 years to maturity, an 8.05% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 7.10% nominal yield to maturity, but it can be called in 4 years at a price of $1,100. wered is the bond's nominal yield to call? Do not round your intermediate calculations.
a.5.17%
b.7.04%
c.3.52%
d.7.31%
e.6.80%
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