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Question 15 (4 points) Yes They Can, Inc. has a bond issue outstanding with a $1,000 par value and a maturity of 17 years. The

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Question 15 (4 points) Yes They Can, Inc. has a bond issue outstanding with a $1,000 par value and a maturity of 17 years. The annual coupon rate is 14.0% with semi-annual coupon payments. The bonds are currently selling for $933. The bonds may be called in 5 years for 114.0% of par. What is the quoted annual yield-to-call for these bonds? 16.32% 21.08% 17.93% 7.55% 15.10%

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