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Sadik Inc.'s bonds currently sell for $1,310 and have a par value of $1,000. They pay a $105 annual coupon and have a 10-year maturity,

Sadik Inc.'s bonds currently sell for $1,310 and have a par value of $1,000. They pay a $105 annual coupon and have a 10-year maturity, but they can be called in 5 years at $1,120. What is their yield to call (YTC)?

a. 8.02%

b. 5.41%

c. 6.96%

d. 6.24%

e. 5.91%

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