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Three years ago you bought a new 6.0 percent, 10 -year bond that pays interest annually and has call protection for 5 years. If the

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Three years ago you bought a new 6.0 percent, 10 -year bond that pays interest annually and has call protection for 5 years. If the bond is called at the end of the fifth year, the call price will be $1,032.40. The current price is $1,122.56. What is the bond's yield to call at the present time? A. 1.36 percent B. 1.43 percent C. 3.86 percent D. 4.08 percent E. 1.21 percent E A c. B D

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