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Taussig Corp. ' s bonds currently sell for $ 1 , 2 2 0 . They have a 6 . 3 5 % annual coupon

Taussig Corp.'s bonds currently sell for $1,220. They have a 6.35% annual coupon rate and a 20-year maturity, but they can be called in 5 years at $1,050. What rate of return should an investor expect to earn if he or she purchases these bonds?
Group of answer choices
4.64%
6.72%
3.52%
2.56%
4.46%

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