Question $1$ of $10$

In $2022,$ a customer buys $5$ GM $10\%$ debentures, M $\text{'}32,$ at $85.$ The interest payment dates are Feb $1$st and Aug $1$st$.$ The bonds are callable as of $2024$ at $103.$ If the bonds are called prior to maturity, which statement is TRUE?

A The yield to call will be higher than the yield to maturity

B The yield to call will be lower than the yield to maturity

The yield to call will be the same as the yield to maturity

The yield to call will depend on the current market price of the bond at the time of the call