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Question 4 (1 point) 4. Pawleys lnc.'5 bonds currently sell for $1,264 and have a par value of $1,000. They pay a $105 annual coupon

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Question 4 (1 point) 4. Pawleys lnc.'5 bonds currently sell for $1,264 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year maturity, but they can be called in 4 years at $1,170. What is their yield to call (YTC)? a] 8.12% b] 7.35% c) 6.62% cl) 6.98% e} 7.74%

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