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Tsai Enterprises has a bond outstanding with 2 5 years to maturity, a 6 % coupon paid semiannually, and a $ 1 , 0 0

Tsai Enterprises has a bond outstanding with 25 years to maturity, a 6% coupon paid semiannually, and a $1,000 par value. The bond has a 5% nominal yield to maturity, but it can be called in 5 years at a price of $1,050. What is the bonds nominal yield to call?
a.1.89%
b.3.78%
c.4.15%
d.4.50%
e.5.00%

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