Question $26$

$1$ pts

A corporate bond with a coupon rate of $10\%$ is maturing in $15$ years. The bond has a call provision of "after $10$ at $110"($i$.$e$.$ with $10$ years of call protection and $10\%$ call premium$).$ If you buy the bond at a market price of $$704\mathrm{.}94,$ what would be the yield ityou expect the band will be called?

$17\mathrm{.}72\%$

$15\mathrm{.}57\%$

$16\mathrm{.}56\%$

$15\mathrm{.}73\%$

$8\mathrm{.}28\%$