There's a bond with par value of $1,000, sells for 5950, matures in 5 years, has a 8% annual coupon rate, and pays coupons semiannually. Calculate the realized compounded holding period annual yield assuming you held the bond for 3-years. Assume the reinvestment rate during the three years after you bought the bond is 6%, and the market interest rate at the time you sold the bond was exactly 80. Pick the closest answer. 10.4% 25.796 32.596 45.096 QUESTION 11 Assume that a callable bond was issued at par. Who holds the call option on the bond and whether the coupon would be higher or lower than an otherwise identical bond, also issued at par, but without the call option? investor: lower Investor higher issuer: lower Issuer: higher Click Save and Submit to save and submit Chick Save All Ants to save all