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Question 12 (4 points) A bond has a $1,000 par value, nine years to maturity, and pays a coupon of 6.75% per year, semiannually. The

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Question 12 (4 points) A bond has a $1,000 par value, nine years to maturity, and pays a coupon of 6.75% per year, semiannually. The bond is callable in four years at 110% of its par value. If the bond's price is $1,157.37, what is its annual yield to maturity? OA) 4.72% B) 4.43% C) 5.06% D) 4.60% E) 4.83%

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