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Question 36) The Wilkers Corporation has a bond with an annual coupon rate of 6.5 percent, and is currently selling for $1,025. The bond matures

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Question 36) The Wilkers Corporation has a bond with an annual coupon rate of 6.5 percent, and is currently selling for $1,025. The bond matures in 17 years and is callable in four (4) years. At call the bond will pay a call premium of 8%. Determine the bond's approximate yield-to-call (AYC). Show clearly all work, carrying all calculations out to four (4) decimal places. Highlight in bold your answer. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I S Paragraph Arial 14px :v A TX HO od Q Q s o V

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