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Question 10 (10 points) A bond has a $1,000 par value, nine years to maturity, and pays a coupon of 4.75% per year, semiannually. The

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Question 10 (10 points) A bond has a $1,000 par value, nine years to maturity, and pays a coupon of 4.75% per year, semiannually. The bond can be called in four years at 115% of par value. If the bond's current yield is 4.92% per year, what is its annual yield to maturity? A) 5.33% B) 5.24% C) 5.55% D) 5.41% E) 5.49%

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