PMW Co. has a semiannual coupon bond outstanding with 13 years to maturity, an 9.7% coupon rate, and a $1,000 par value. The bond has a 10.50% yield to maturity, but it can be called in 4 years at a price of $1,100. What is the bond's yield to call? 11.41% (B) 12.36% (C) 12.77% (D) 13.04% (E) 13.53%