Suppose in the previous question the bond sold for $865 is a semiannual bond and can be called in 5 years at $1,050. The bond has a par value of $1,000 and a coupon rate of 8%. What is the bond's yield to call (YTC) if it is called in 5 -years? 14.64% 16.50% 11.64% 12.46%