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McCue Inc.'s bonds currently sell for $1,250. They pay a $90 annual coupon, have a 25-year maturity, and a $1,000 par value, but they can

McCue Inc.'s bonds currently sell for $1,250. They pay a $90 annual coupon, have a 25-year maturity, and a $1,000 par value, but they can be called in 5 years at $1,050. Assume that interest rates expected to remain at current levels on into the future. What is the difference between this bond's YTM and its YTC?

2.62%

2.88%

3.17%

3.48%

3.83%

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