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Raytheon Technologies Inc. issued a 3 0 - year bond which is callable in 1 2 years. It has a coupon rate of 1 2

Raytheon Technologies Inc. issued a 30-year bond which is callable in 12 years. It has a coupon rate of 12.50% payable semiannually and has a call premium of $680. What is the yield to call to the investor if the investor purchases the bond at the price quoted at 85 in the financial press? (The face value of the bond is $1000.)
14.90%
14.74%
15.26%
17.37%

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