Question 8 (2 points) A bond has 9 years to maturity and a current price of $1104. The coupon rate is 3.5% paid-semiannually. The face value is $1,000. The bond is callable and will pay a call premium of $70. What is the bond's YTM? A) 1.991% B) 1.216% C) 2.433% OD) 1.109% E) 2.219%