Suppose that the yield on 10-year bonds is 6% and that the yield on one-year bonds is 5%. Consider a 10-year callable bond with a 13% semiannual coupon rate that is callable in one year at a call price of 104. Justify why you agree or disagree with the following statement: " An investor should be unwilling to pay more than the call price for a bond that is likely to be called."