Regal Health Plans issued a 12% annual coupon bond with a $1,000 par value a few years ago. The bond now has ten years remaining to maturity and sells for $1,100. The bond has a call provision that allows Regal to call the bond in four years at a call price of $1,060. What is the bonds yield to maturity?

Choice: 8.32%

Choice: 9.00%

Choice: 9.87%

Choice: 10.35%

Regal Health Plans issued a 12% annual coupon bond with a $1,000 par value a few years ago. The bond now has ten years remaining to maturity and sells for $1,100. The bond has a call provision that allows Regal to call the bond in four years at a call price of $1,060. What is the bonds yield to call?

Choice: 5.07%

Choice: 10.13%

Choice: 15.74%

Choice: 100.00%